XINRI E-VEHICLE(SH:603787)2025-01-17 09:55Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between 25.6 million and 26.3 million yuan, a decrease of 61.68 million to 62.38 million yuan compared to the same period last year, representing a year-on-year decline of 70% to 71%[3]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is projected to be between 1.6 million and 2.3 million yuan, a decrease of 88.17 million to 88.87 million yuan compared to the same period last year, indicating a year-on-year decline of 97% to 98%[4]. - The total profit for the same period last year was 93.87 million yuan, with a net profit attributable to shareholders of 87.98 million yuan[5]. - The company reported earnings per share of 0.40 yuan for the previous year[7]. Reasons for Profit Decline - The main reasons for the profit decline include increased market competition, a complex regulatory environment, and a decrease in sales volume despite improved product gross margins[8]. - The company is committed to enhancing channel expansion and lean improvement, which has contributed to the decline in net profit[8]. Financial Reporting and Investor Guidance - The financial data in the performance forecast has not been audited by a registered accounting firm[4]. - The company has disclosed ongoing litigation matters and will continue to monitor developments closely[9]. - Investors are advised to exercise caution and consider investment risks based on the preliminary financial estimates provided[9]. - The official financial data will be disclosed in the company's formal 2024 annual report[9].