Hite Control(002184)2025-01-17 11:50Financial Performance Outlook - The company expects a net loss attributable to shareholders of between 140 million and 190 million yuan for 2024, a decline of 219.35% to 261.97% compared to the previous year's profit of 117.3 million yuan [3]. - The net loss after deducting non-recurring gains and losses is projected to be between 170 million and 220 million yuan, representing a decrease of 268.84% to 318.49% from last year's profit of 100.7 million yuan [3]. - The basic earnings per share are expected to be a loss of between 0.3978 yuan and 0.5399 yuan, compared to a profit of 0.3333 yuan per share in the previous year [3]. - The overall performance of the main business is significantly below the initial budget targets, influenced by lower-than-expected revenue, increased expenses, and significant asset impairment [6]. - The performance forecast data is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the 2024 annual report [7]. - Investors are advised to be cautious of investment risks due to the preliminary nature of the performance forecast [7]. Business Segment Challenges - The industrial electrical automation business faced a slight decline in gross margin and operating profit due to slow recovery in effective demand and intensified market competition [5]. - The green energy business, particularly in wind power and energy storage, has seen revenue fall short of expectations due to slowing installation growth and declining product prices [6]. Strategic Focus - The company is focusing on risk control in the centralized energy storage market and prioritizing high-quality customers and projects [6]. - The company is actively exploring business models and market opportunities in the energy storage sector to lay a solid foundation for future development [6].