Jiangsu Yunyong Electronics and Technology (SH:688060)2025-01-17 11:20Revenue Expectations - The company expects 2024 revenue to be between 290 million and 310 million CNY, an increase of 7.64 million to 27.64 million CNY compared to the previous year, representing a year-on-year growth of 2.71% to 9.79%[3]. - In the previous year, the company reported revenue of 282.36 million CNY and a net loss of -6.75 million CNY attributable to shareholders of the parent company[7]. Net Profit Projections - The company anticipates a net loss attributable to shareholders of the parent company between -110 million and -80 million CNY for 2024[3]. - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -140 million and -110 million CNY[5]. - A significant factor affecting net profit is the decrease in income from bank wealth management products[8]. Business Focus and Development - The company is focusing on new demands in power dispatch safety and distribution network automation, which has led to steady revenue growth from related projects[8]. - The company is accelerating technology and product development in key business areas such as information technology replacement and new energy, resulting in increased R&D expenses that negatively impact net profit[8]. Performance Forecast and Risks - The performance forecast has not been audited by a registered accountant and is based on preliminary calculations by the company's financial department[6]. - The company has not identified any major uncertainties that could affect the accuracy of this performance forecast[9]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[10].