QSY Tech(SZ:300437)2025-01-19 07:45Financial Performance Expectations - The company expects a net loss of between RMB 70 million and RMB 95 million for the fiscal year 2024, compared to a net loss of RMB 55.73 million in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between RMB 22 million and RMB 33 million, compared to a loss of RMB 21.21 million in the previous year[3]. Revenue and Profit Decline - The decline in revenue and gross profit is attributed to a decrease in product sales prices, despite sales volume of water treatment agents remaining stable compared to last year[6]. - Non-recurring losses are estimated to impact net profit by approximately RMB 48 million to RMB 62 million, primarily due to the revaluation loss of a 45% stake in Zhongxu Environment, which is undergoing bankruptcy liquidation[6]. Audit and Financial Reporting - The company has communicated with its auditing firm regarding the preliminary financial data, and there are no discrepancies reported[4]. - The specific amount for the revaluation of Zhongxu Environment's equity remains uncertain and will be finalized after the audit[7]. - The company emphasizes that the earnings forecast is based on preliminary estimates and has not undergone a review by registered accountants[7]. - The annual performance data for 2024 will be detailed in the company's annual report[7]. Investor Advisory - Investors are advised to make cautious decisions and be aware of investment risks[8].