Changzhou Shichuang Energy (SH:688429)2025-01-20 11:00Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -730 million and -610 million CNY, a decrease of 78.69 million to 90.69 million CNY compared to the same period last year, representing a year-on-year decline of 444.83% to 512.66%[3] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -740 million and -620 million CNY, a decrease of 756.28 million to 876.28 million CNY year-on-year, reflecting a decline of 554.96% to 643.02%[3] - The previous year's net profit attributable to shareholders was 176.90 million CNY, with a net profit of 136.28 million CNY after deducting non-recurring gains and losses[4] Industry Challenges - The company faced intensified industry competition, leading to a decline in sales revenue and a decrease in the price and gross margin of its main product, solar cells[6] Strategic Initiatives - The company plans to increase investment in product research and development to achieve breakthroughs through technological innovation and maintain its leading position in the industry[6] Earnings Forecast Reliability - The financial data provided in the earnings forecast is preliminary and has not been audited by a registered accounting firm[7] - The company emphasizes that there are no significant uncertainties affecting the accuracy of the earnings forecast as of the announcement date[7] - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the official annual report[8]