Lingda Group(SZ:300125)2025-01-20 11:24Financial Performance - The company expects a net profit loss between ¥88.353 million and ¥131.145 million for the fiscal year 2024, compared to a loss of ¥26.199 million in the previous year[3]. - Total revenue is projected to be between ¥42 million and ¥63 million, a significant decrease from ¥83.89 million in the same period last year[3]. - The company's net assets are expected to be negative, ranging from ¥-89.941 million to ¥-47.149 million, down from ¥41.204 million at the end of the previous year[4]. Revenue Decline - The decline in revenue is primarily due to the temporary shutdown of the subsidiary Jinzhai Jiayue's high-efficiency solar cell production line, which accounted for over 95% of the company's revenue in 2023[6]. Delisting Risks - The company is facing risks of delisting due to negative net profit and revenue below ¥100 million, as per the listing rules[7]. Restructuring Process - There is uncertainty regarding the initiation of the company's restructuring process, which has not yet been formally approved by the court[8]. - The company emphasizes the importance of effective execution of the restructuring plan for its ongoing operations[9]. Communication and Operations - The company has communicated with its accounting firm regarding the preliminary financial data, which has not yet been audited[5]. - The company is actively preparing for daily operations despite the potential restructuring and bankruptcy risks[9]. - The performance forecast is based on preliminary estimates and will be detailed in the 2024 annual report[9].