Jiangsu Favored Nanotechnology (688371)2025-01-22 08:05Financial Projections - The company expects to achieve operating revenue of between 465 million to 500 million yuan in 2024, representing an increase of 50.53% to 61.86% compared to the previous year[3]. - The projected net profit attributable to the parent company for 2024 is between 38 million to 50 million yuan, marking a turnaround from a loss in the previous year[3]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is expected to be between 25 million to 36 million yuan, also indicating a recovery from the previous year's losses[3]. - In 2023, the company's operating revenue was 308.91 million yuan, and the net profit attributable to the parent company was a loss of 41.55 million yuan[5]. - The financial data provided is preliminary and subject to change, with the final figures to be disclosed in the 2024 annual report[8]. Industry Trends - The significant increase in revenue and profit is driven by the recovery in the consumer electronics industry and the growing acceptance of nano-coating technology[5]. Technological Advancements - The company has successfully applied its nano-coating technology in multiple new energy vehicle components and has ongoing projects with several Tier 1 automotive suppliers[5]. - The new FTCX1000E equipment integrates PECVD and CVD processes, creating a multifunctional coating that meets high voltage and corrosion resistance requirements[6]. - The new generation of nano-coating equipment enhances automation and quality control, improving product performance and competitiveness[6]. Research and Development - The company is establishing a global leading research center for nano-materials and recruiting high-end experts to expand into larger markets[6].