MINDEO(SZ:300656)2025-01-21 09:58Financial Performance - The company expects a net loss of between 75 million and 95 million yuan for the fiscal year 2024, compared to a profit of 12.56 million yuan in the same period last year, representing a decline of 431.98% to 546.38%[2]. - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately 19 million yuan, primarily from asset impairment compensation from Taibo Xunrui[6]. - The company is currently conducting asset impairment testing, and the figures in the earnings forecast are preliminary and subject to final audit results[7]. Business Growth and Challenges - The company's information recognition and automation product business has shown steady growth, achieving double-digit revenue and profit growth compared to the previous year, contributing stable operating cash flow[4]. - The joint venture, Guangxin Microelectronics, is in a capacity ramp-up phase, leading to higher fixed costs and significant depreciation expenses, which negatively impacted net profit compared to the previous year[4]. - The power semiconductor design company, Guangwei Integrated, has begun mass production of its 45V-200V MOSFET product line, but revenue and profit have declined due to the ramp-up phase and customer validation processes[5]. - The company's wholly-owned subsidiary, Taibo Xunrui, faced a decline in revenue and gross margin due to weak market demand in the battery business, leading to significant impairment losses[6]. Strategic Acquisitions - The company has completed the acquisition of 50.1% of Guangxin Microelectronics, which is now a subsidiary, and will provide additional resources to support its capacity and market competitiveness[5].