CTS(SZ:000551)2024-07-12 13:31Financial Performance - The estimated net profit attributable to shareholders for the first half of 2024 is projected to be between 134.60 million and 161.52 million CNY, representing a growth of 50% to 80% compared to the same period last year, which was 89.73 million CNY[3] - The estimated net profit after deducting non-recurring gains and losses is expected to be between 121.37 million and 145.65 million CNY, also reflecting a growth of 50% to 80% from last year's 80.91 million CNY[3] - The basic earnings per share is projected to be between 0.3361 CNY and 0.4033 CNY, compared to 0.2243 CNY in the same period last year[3] - The performance forecast is a preliminary estimate by the finance department and has not been audited, with final financial data to be confirmed in the 2024 semi-annual report[7] Operational Strategy - The company is focusing on cost reduction and efficiency improvement through internal control restructuring and digital transformation, which has enhanced operational quality and profitability[6] - The company has intensified its efforts in expanding into emerging overseas markets, contributing to steady profit growth in the first half of 2024[6] - The subsidiary Suzhou Electric Porcelain Factory has deepened its smart manufacturing and digital transformation, optimizing production processes and significantly improving production efficiency and product quality[6] - The company has successfully completed the delivery and acceptance of multiple key products for the State Grid's ultra-high voltage lines, ensuring high-quality products and services for customers[6]