Gifore(300022)2025-01-24 10:02Financial Performance - The company expects a net loss attributable to shareholders of between 24 million and 32 million yuan for the fiscal year 2024, representing a decline of 243% to 290% compared to the previous year's profit of 16.8 million yuan [3]. - The net loss after deducting non-recurring gains and losses is projected to be between 25.6 million and 33.6 million yuan, a decrease of 298% to 359% from last year's profit of 12.95 million yuan [3]. - The financial data presented in the earnings forecast is preliminary and will be detailed in the 2024 annual report [8]. Business Operations - The agricultural machinery distribution segment has maintained stable development despite competitive pressures from upstream manufacturers, focusing on a strategy of "multiple categories, quality brands, and specialization" to enhance marketing efforts [5]. - The company’s subsidiary, Jilin Kanda Agricultural Machinery Co., has faced intensified competition in the corn planter industry and low corn prices, leading to a decline in user purchasing intent and delayed upgrades [6]. - The company has terminated the implementation of the 2023 stock option and restricted stock incentive plan, resulting in increased share-based payment expenses compared to the previous year [6].