YSS(SZ:300377)2025-01-21 09:02Financial Performance - The company expects a net loss attributable to shareholders of approximately 375.08 million to 473.68 million CNY for the fiscal year 2024, compared to a profit of 67.64 million CNY in the same period last year [3]. - The net loss after deducting non-recurring gains and losses is estimated to be between 175.89 million to 224.50 million CNY, down from a profit of 54.26 million CNY in the previous year [3]. - The company has recognized asset impairment provisions of approximately 154.34 million CNY and fair value losses of about 231.57 million CNY, significantly impacting the financial results for the reporting period [6]. - Non-recurring gains and losses are expected to reduce net profit attributable to shareholders by approximately 219.18 million CNY, primarily due to fair value changes in financial assets [6]. Operational Strategy - The company is focusing on sustainable cost reduction and efficiency improvement, enhancing internal management and cash flow to strengthen operational resilience [7]. - The cash and cash equivalents, including financial products, showed good growth compared to the same period last year, indicating improved liquidity [7]. - The company is investing in R&D for future opportunities in areas such as AI empowerment and key product development, despite the current financial challenges [5]. Market Conditions - The financial institutions have adjusted their IT investment budgets, leading to a decline in sales orders and main business revenue compared to the previous year [5]. Financial Reporting - The company has communicated with the accounting firm regarding the financial data, and there are no significant discrepancies [4]. - The specific financial data for the fiscal year 2024 will be disclosed in the annual report, and investors are advised to make cautious decisions [8].