JYT(SH:601908)2025-01-17 11:35Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -1,680 million RMB and -2,450 million RMB, indicating a significant loss compared to a profit of 235.96 million RMB in the same period last year[3]. - The expected net profit after deducting non-recurring gains and losses is projected to be between -1,747 million RMB and -2,517 million RMB[4]. - The total profit for the previous year was 70.10 million RMB, with a net profit attributable to shareholders of the parent company of 235.96 million RMB[5]. Performance Decline Factors - The decline in performance is primarily attributed to intensified market competition in the silicon wafer segment of the new materials business, leading to lower product prices and a significant drop in revenue and gross margin[7]. - The company plans to recognize impairment losses on certain assets based on prudent principles due to the decline in product prices and limited production capacity[7]. Earnings Forecast Validity - The earnings forecast is based on preliminary calculations and has not been audited by registered accountants, with final figures to be disclosed in the audited annual report[9]. - There are currently no major uncertainties affecting the accuracy of this earnings forecast[8].