CHSR(SZ:000008)2025-01-17 11:45Financial Performance - The company expects a net loss of between 500 million and 650 million yuan for the fiscal year 2024, compared to a net loss of 828.27 million yuan in the same period last year[3]. - The expected net loss after deducting non-recurring gains and losses is between 650 million and 800 million yuan, compared to a loss of 841.54 million yuan in the previous year[3]. - Basic earnings per share are projected to be a loss of between 0.1841 yuan and 0.2393 yuan, compared to a loss of 0.3117 yuan per share last year[3]. Cost Management and Business Strategy - The company plans to enhance its core business and product competitiveness while implementing comprehensive budget management and cost control measures, leading to a significant reduction in various expenses[5]. - The company anticipates a provision for asset impairment of approximately 500 million yuan due to comprehensive asset inspections and impairment tests[5]. - The company's operating revenue did not meet expected targets due to factors such as the construction progress of rail transit projects and the reduction of inefficient business scales[5]. - The company is actively pursuing the signing of supplementary agreements for the PPP project of the Tianjin Metro Line 7 Phase I, which is expected to improve overall operating performance[5]. Financial Reporting and Investor Guidance - The financial data presented is preliminary and will be detailed in the company's 2024 annual report[8]. - The company has communicated with third-party institutions regarding the impairment provisions, which will be finalized after professional audits[7]. - Investors are advised to make cautious decisions and be aware of investment risks as the company continues to navigate its financial challenges[8].