Grace(SH:603256)2025-01-22 10:05Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 14.52 million and 21.77 million CNY, marking a turnaround from a loss in the previous year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 0 and 1.26 million CNY for 2024 [3]. - In the previous year, the total profit was -67.97 million CNY, and the net profit attributable to shareholders was -63.09 million CNY [5]. - The company reported a loss per share of -0.07 CNY in the previous year [6]. Market and Product Development - Increased demand in the terminal market for electronic-grade glass fiber cloth is a key factor contributing to the expected profitability in 2024 [7]. - The company has achieved stable production of ultra-fine electronic-grade glass fiber, enhancing its core competitiveness and enabling domestic substitution of imported materials [9]. - The project for producing 50.4 million meters of high-end electronic-grade glass fiber cloth for 5G applications has been fully operational [9]. - The company anticipates gradual improvement in product sales and profitability as market supply and demand conditions improve [9]. Caution and Uncertainties - The performance forecast data has not been audited by a registered accountant, and investors are advised to be cautious [8]. - There are no significant uncertainties that could affect the accuracy of the performance forecast [8].