Tus-Design(300500)2025-01-21 10:02Financial Performance - The company expects a net loss for 2024 between CNY 11,200 million and CNY 5,600 million, compared to a loss of CNY 33,077.42 million in the same period last year[4]. - The expected loss from non-recurring items affecting net profit attributable to shareholders is approximately CNY 1,700 million, primarily due to the sale of Suzhou Bank shares, government subsidies, and disposal of non-current assets[7]. Impairment and Valuation - The company has recognized an impairment loss of CNY 48,554.3 million for goodwill based on preliminary assessments, pending final evaluation by an appraisal agency[7]. - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report[8]. Operational Challenges - The company’s subsidiary, Shenzhen Jialida Energy-saving Technology Co., Ltd., experienced a decline in order volume due to industry environment and market competition, impacting overall revenue and profit[6].