Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -75 million and -51 million RMB, representing a year-over-year decrease in loss of 94.79 million to 118.79 million RMB, narrowing the loss by 55.83% to 69.96%[3] - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -118 million and -79 million RMB, with a year-over-year decrease in loss of 4.70 million to 43.70 million RMB, narrowing the loss by 3.83% to 35.61%[3] - The company's operating revenue for the previous year was 539.43 million RMB, with a total profit of -194.08 million RMB and a net profit attributable to shareholders of the parent company of -169.79 million RMB[4] Business Environment and Challenges - The company faced a complex macroeconomic environment in 2024, leading to a slowdown in business development and cautious budget investments from clients, which extended project execution cycles[5] Cost Management and Asset Optimization - The company implemented cost reduction and efficiency enhancement measures, optimizing assets to minimize ineffective investments and managing accounts receivable to reduce impairment losses, resulting in a narrowed loss[6] Legal and Financial Adjustments - The company expects to reduce previously recognized liabilities related to a lawsuit by approximately 21 million RMB in 2024, based on the progress of the case[6] - The company anticipates a write-down of deferred tax assets by approximately 17 million RMB based on a review of deferred tax assets[6] Investment and Income Generation - The company completed the transfer of its entire stake in Beijing Xintang Puhua Technology Co., Ltd., which is expected to generate an investment income of approximately 28 million RMB[6] Audit and Reporting - The performance forecast has not been audited by the annual auditing firm, but the company has communicated with the auditors regarding relevant matters[7] - Investors are advised that the forecast data is preliminary and the accurate financial data will be disclosed in the audited annual report for 2024[8]
*ST慧辰(688500) - 2024 Q4 - 年度业绩预告