XSS(SH:600117)2025-01-17 10:45Financial Performance - The company expects a net profit attributable to shareholders of approximately -852 million yuan for the year 2024, indicating an increase in losses compared to the previous year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be around -945 million yuan for 2024, showing a decrease in losses compared to the previous year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses improved by approximately 634 million yuan, a reduction of about 40.14% compared to the previous year [6]. Production and Operations - The company achieved a year-on-year increase in steel production of approximately 89% and a year-on-year increase in steel product output of about 94% [6]. - The company is focusing on its core steel business, optimizing product structure, and enhancing the supply chain [6]. Asset Management - The company has recognized a significant amount of asset impairment provisions based on professional evaluations of related asset groups [6]. - The annual audit is still ongoing, and the impairment provision amounts are subject to final assessment results [7]. - The financial data provided is preliminary and has not been audited by a registered accountant; the final figures will be disclosed in the official 2024 annual report [8].