SZZT(SZ:002197)2025-01-20 09:35Financial Performance - The company expects a net loss attributable to shareholders between RMB 270 million and RMB 330 million for the fiscal year 2024, compared to a loss of RMB 72.04 million in the same period last year[3]. - The projected operating revenue for 2024 is between RMB 1.05 billion and RMB 1.15 billion, down from RMB 1.30 billion in the previous year[3]. - The company anticipates a loss of RMB 21.7 million to RMB 27.7 million in net profit after deducting non-recurring gains and losses, compared to a loss of RMB 10.41 million last year[3]. Provisions and Losses - The company has increased its bad debt provision for accounts receivable by approximately RMB 70 million due to credit defaults from clients facing financial difficulties[6]. - The estimated fair value loss related to the company's investment in a rural commercial bank is around RMB 51 million, with additional losses of RMB 21 million from other non-current financial assets[6]. Strategic Focus and Operational Improvements - The company plans to focus on IDC cloud computing and fintech sectors, aiming to leverage opportunities in domestic and international markets, digital economy, and artificial intelligence[7]. - The company has implemented cost-cutting measures and intensified efforts to collect receivables to improve operational efficiency[7]. - The company will continue to enhance internal control management to boost operational effectiveness and management efficiency[7]. Caution and Reporting - The financial data provided is preliminary and subject to confirmation in the 2024 annual report[7]. - Investors are advised to make cautious decisions and be aware of investment risks[7].