HAILUN PIANO(SZ:300329)2025-01-21 08:18Financial Projections - The estimated net profit for 2024 is projected to be a loss of between 105 million and 80 million CNY, compared to a loss of 78.85 million CNY in the same period last year [3]. - The expected operating revenue for 2024 is between 150 million and 170 million CNY, representing a decline of 42.85% to 49.57% compared to 297.46 million CNY in 2023 [3]. - The company anticipates a loss of between 124 million and 99 million CNY for net profit after deducting non-recurring gains and losses, compared to a loss of 95.53 million CNY in the previous year [3]. - Non-recurring gains and losses are expected to impact net profit by approximately 19 million CNY, compared to 16.68 million CNY in the same period last year, primarily from litigation gains [6]. Product Development - The company plans to hold a new product launch for smart electric pianos in January 2025, aiming to diversify its product offerings and enhance competitiveness [6]. Impairment and Market Conditions - The company has recognized an impairment provision of approximately 47 million CNY for inventory and investments in art training institutions due to the impact of a sluggish domestic consumption market [6].