Financial Performance - The company expects a net loss of between 1.1 billion and 1.3 billion yuan for the year 2024, compared to a profit of 49.03 million yuan in the same period last year[2] - The loss attributable to shareholders is projected to be between 0.4538 yuan and 0.5363 yuan per share, down from earnings of 0.0202 yuan per share in the previous year[2] - The company reported a loss of 1.15 billion to 1.35 billion yuan after deducting non-recurring gains and losses, compared to a loss of 233.82 million yuan in the prior year[2] Market Conditions - The steel industry is facing a challenging environment characterized by strong supply, weak demand, high costs, and low prices, leading to a decline in market conditions[3] Strategic Measures - The company is implementing measures such as lean management and optimizing product structure to mitigate the adverse effects of the market[3] - The company has communicated with its accounting firm regarding the earnings forecast, and there are no discrepancies in this regard[3] Investor Communication - The company emphasizes the importance of timely information disclosure to investors and warns of potential investment risks[3]
中南股份(000717) - 2024 Q4 - 年度业绩预告