GMTC(SH:600898)2025-01-22 09:55Financial Projections - The company expects a total profit for 2024 to be between -42 million and -51 million RMB, with net profit attributable to shareholders ranging from -37 million to -45 million RMB [2]. - The projected operating revenue for 2024 is estimated to be between 36 million and 42 million RMB, with revenue after excluding unrelated business income expected to be between 28 million and 33 million RMB, which is below 300 million RMB [2]. - The company's net assets at the end of 2024 are anticipated to be between -110 million and -135 million RMB [3]. Previous Year Performance - In the previous year, the total profit was -121.52 million RMB, and the net profit attributable to shareholders was -112.39 million RMB [9]. - The operating revenue for the previous year was 39.07 million RMB, with revenue after excluding unrelated business income at 35.55 million RMB [10]. Challenges and Risks - The company faced significant challenges in 2024 due to weak market demand, insufficient manufacturing orders, slow receivables collection, and tight liquidity, leading to a substantial decline in operating revenue [11]. - The company has received a notice from the Shanghai Stock Exchange regarding the potential termination of its stock listing due to a market capitalization below 500 million RMB for 20 consecutive trading days [12]. - The company’s stock will be suspended from trading starting January 13, 2025, pending a decision from the listing committee [13]. Financial Data Confirmation - The preliminary financial data provided is subject to final confirmation in the official annual report [15]. - The company assures that there are no significant uncertainties affecting the accuracy of this earnings forecast [14].