NSIG(SH:688126)2025-01-17 09:55Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -1,000 million and -840 million CNY, a decrease of -1,186.54 million to -1,026.54 million CNY compared to the same period last year [3]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -1,280 million and -1,070 million CNY, an increase in loss of -1,114.06 million to -904.06 million CNY compared to the previous year [3]. - In the previous year, the total profit was 177.65 million CNY, and the net profit attributable to shareholders of the parent company was 186.54 million CNY [4]. Market Conditions - The global semiconductor market is expected to exceed 620 billion USD, growing by 19% year-on-year, but the recovery in the silicon wafer market is slower than anticipated due to high inventory levels [5][6]. - The global semiconductor silicon wafer market size is projected to be 13.3 billion USD, a decrease of approximately 5.6% year-on-year [6]. Goodwill Impairment - The company anticipates goodwill impairment of approximately 300 million CNY due to the impact of market conditions on its subsidiaries Okmetic OY and Shanghai Xin'ao Technology Co., Ltd. [6]. - The goodwill impairment amount is a preliminary estimate and will be finalized after evaluation by external assessment and audit firms [8]. Investment and R&D - The company has made significant upfront investments in capacity expansion projects, which have led to high fixed costs and impacted short-term performance [7]. - The company maintains a high level of R&D investment, which is expected to enhance market competitiveness and profitability in the long term [7]. Financial Data and Auditing - The financial data in the earnings forecast has not been audited by the accounting firm, and there are no discrepancies in communication regarding the earnings forecast [9].