CHEN DIAN INTERNATIONAL(SH:600969)2025-01-16 11:10Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -39 million and -26 million CNY, an improvement of 22.7 million to 35.7 million CNY compared to -61.7 million CNY in the previous year[1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -140 million and -110 million CNY, an improvement of 19.59 million to 49.59 million CNY compared to -159.59 million CNY in the previous year[1]. - The performance forecast data is preliminary and has not been audited by an accounting firm, highlighting the need for investors to be cautious[6]. Operational Improvements - The company has implemented measures to enhance operational efficiency, including optimizing power grid connections and scheduling, which is expected to improve overall performance[7]. - The company has successfully negotiated lower bank loan interest rates, reducing interest expenses[8]. - Improved management of receivables has led to reduced capital occupation costs and increased capital turnover efficiency[8]. - The company is focusing on rectifying historical issues related to the collection and allocation of rural power grid repayment funds, laying a solid foundation for future high-quality development[8]. Strategic Focus - The company aims to enhance its hydropower and renewable energy consumption capabilities while lowering electricity purchase costs[7]. - The company emphasizes a lean management approach to achieve stable and sustainable development in 2024[7]. Financial Challenges - The primary reason for the expected loss is the provision for bad debts of 115 million CNY related to receivables from the rural power grid repayment fund[5].