STS(SH:603322)2025-01-20 09:00Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -3.00 million and -1.50 million RMB, indicating a loss compared to the previous year [3]. - The expected net profit and net profit excluding non-recurring gains and losses for 2024 are based on a small base, which may lead to substantial discrepancies in the final results [7]. - The performance forecast period is from January 1, 2024, to December 31, 2024 [4]. Previous Year Performance - The net profit attributable to shareholders of the parent company for the previous year was 18.79 million RMB, with a net profit excluding non-recurring gains and losses of 0.86 million RMB [5]. Factors Influencing Performance - The decline in performance is primarily due to a decrease in revenue and gross margin in the communication business segment, influenced by macroeconomic factors and intensified market competition [6]. - Other income, including government subsidies, has decreased compared to the previous year, impacting overall profitability [6]. Caution and Audit Disclaimer - The company warns that the preliminary profit forecast has not been audited by a registered accountant and may differ significantly from the final audited figures [7]. - The financial data provided is preliminary and subject to change upon the release of the audited annual report for 2024 [7]. - The company emphasizes the importance of investor caution regarding the potential risks associated with the performance forecast [7]. Announcement Details - The announcement was made by the board of directors on January 20, 2025 [9].