Swan Cotton Machinery(SH:603029)2025-01-20 09:50Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 67 million and 75 million CNY, an increase of 1.6 million to 9.6 million CNY compared to the previous year, representing a year-on-year growth of 2.45% to 14.69%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 52 million and 62 million CNY, an increase of 5.39 million to 15.39 million CNY compared to the previous year, reflecting a year-on-year increase of 11.58% to 33.03%[2] - The previous year's net profit attributable to shareholders was 65.4 million CNY, with a total profit of 67.03 million CNY and a net profit after deducting non-recurring gains and losses of 46.61 million CNY[4] Business Strategy and Market Response - The company is actively responding to market competition by exploring domestic market potential and expanding overseas market presence, leading to steady growth in its main business[6] - The main business includes the innovation and upgrading of three segments: cotton processing machinery, harvesting machinery, and other agricultural machinery[6] Non-Recurring Gains and Financial Reporting - Non-operating gains and losses mainly include government subsidies recognized in the current period, impacting net profit positively[6] - The performance forecast data is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[7] - As of the announcement date, there are no significant uncertainties affecting the accuracy of the performance forecast[7] - The forecast data is preliminary and the specific financial data will be disclosed in the company's official 2024 annual report[8]