STSS(SZ:000825)2025-01-21 10:20Financial Projections - The estimated net profit for 2024 is projected to be a loss between 85,000 million and 105,000 million CNY, compared to a loss of 108,064 million CNY in the same period last year, representing a reduction in loss of 2.84% to 21.34%[2] - The net profit after deducting non-recurring gains and losses is expected to be a loss between 110,607 million and 130,607 million CNY, compared to a loss of 173,786 million CNY last year, indicating a reduction in loss of 24.85% to 36.35%[2] - The basic earnings per share are projected to be a loss between 0.149 CNY and 0.184 CNY, compared to a loss of 0.190 CNY per share in the previous year[2] Industry Challenges - The steel industry is facing multiple challenges including structural adjustments, price fluctuations, and cost pressures in 2024[4] Company Strategy - The company is focusing on enhancing its competitive advantage through differentiated operations and optimizing management processes[5] - The company emphasizes a cost-cutting approach, implementing the philosophy that "all expenses can be reduced" to improve operational efficiency[5] - The company aims for stable production and operations in 2024, with a focus on reducing losses compared to the previous year[5] Forecast Reliability - The performance forecast has not been audited by an accounting firm, but there are no discrepancies in communication regarding the forecast[3] - Investors are advised to pay attention to investment risks as the forecast is based on preliminary estimates by the financial department[6] - No additional relevant information was provided in the announcement[7]