Hopechart(688288)2025-01-16 10:46Financial Projections - The company expects to achieve operating revenue of between 500 million to 530 million CNY in 2024, representing a year-on-year increase of 22.15% to 29.47%[3] - The net profit attributable to the parent company is projected to be between -3 million to -8 million CNY, a reduction in loss of 68.6 million to 63.6 million CNY compared to the previous year, reflecting a decrease in loss of 95.81% to 88.83%[3] - The net profit attributable to the parent company after deducting non-recurring gains and losses is also expected to be between -3 million to -8 million CNY, with a reduction in loss of 74 million to 69 million CNY year-on-year, indicating a decrease in loss of 96.10% to 89.61%[3] Business Strategy - In 2024, the company aims to solidify its commercial vehicle business while actively expanding into passenger vehicles and two-wheeled vehicle markets, contributing to revenue growth[6] - The implementation of new national standards for driving recorders has extended installation cycles, allowing for price increases to be reflected throughout the year[6] - The company has focused on project development and delivery, expanding key customers and projects, which has led to revenue growth[6] - The company has implemented cost control measures, balancing cost inputs with future development, resulting in a decrease in related expenses[6] Industry Outlook - The automotive industry in China is expected to see production and sales growth of 3.7% and 4.5% respectively in 2024, supporting the company's revenue increase[5]