Tianjin Jiuri New Materials (SH:688199)2025-01-17 10:45Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -55 million and -46 million CNY, representing a reduction in losses of 41.14% to 51.15% compared to the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -65 million and -56 million CNY, with a loss reduction of 42.49% to 50.45% year-on-year[3]. - In 2023, the total profit of the company was -101.33 million CNY, with a net profit attributable to shareholders of -96.14 million CNY, and a net profit after deducting non-recurring gains and losses of -113.03 million CNY[4]. Marketing and Sales Strategy - The company has implemented diversified marketing strategies to stabilize market share and actively pursue potential customers, focusing on technological innovation and new product development[5]. - The sales volume of photoinitiators has increased, leading to higher gross profit and operating profit, although the net profit remains a loss due to low selling prices[6]. - The company's subsidiary, Hunan Hongrun Chemical Technology Co., Ltd., is expected to see significant revenue growth, but a cautious approach is taken regarding goodwill impairment due to low sales prices[6]. Goodwill Impairment and Financial Audit - The company anticipates a goodwill impairment provision of approximately 8.74 million CNY related to the acquisition of Hongrun Chemical[6]. - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by a registered accountant[7]. - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report[8].