SongYang(SH:603863)2025-01-17 09:10Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between -200 million and -150 million yuan[3]. - The expected net profit excluding non-recurring gains and losses for 2024 is also projected to be between -200 million and -150 million yuan[5]. - In 2023, the net profit attributable to shareholders was -236.93 million yuan, and the net profit excluding non-recurring gains and losses was -236.11 million yuan[6]. - The basic earnings per share for 2023 was -1.16 yuan[7]. Reasons for Expected Loss - The primary reasons for the expected loss in 2024 include weak downstream demand, intensified competition, and negative sales gross margin due to fluctuating market conditions and raw material prices[8]. Forecast Reliability - The company emphasizes that the performance forecast is based on preliminary calculations and has not been audited by an accounting firm[9]. - The forecast data is subject to change and the final financial data will be disclosed in the official 2024 annual report[10]. - The company warns investors to be aware of investment risks related to the preliminary nature of the forecast[10].