Financial Performance - The company expects a net profit loss between CNY 22 million and CNY 32 million for the fiscal year 2024, compared to a loss of CNY 10.325 million in the same period last year[3]. - Total revenue is projected to be between CNY 135 million and CNY 155 million, representing a decline of 13.83% to 24.95% compared to last year's revenue of CNY 179.885 million[3]. - The net cash flow from operating activities is expected to be CNY 6.125 million, a decrease of 65.68% from CNY 17.846 million in the previous year[3]. - Non-recurring gains and losses are estimated at approximately CNY 6.15 million, primarily from subsidiary disposals and government subsidies, compared to CNY 1.246 million in the previous year[6]. Business Strategy - The company is focusing on the Internet of Things (IoT) transportation sector, with stable growth in vehicle communication terminals and railway transit businesses[6]. - The company has reduced its system integration business due to lower profit margins and cash flow requirements, leading to a decline in public safety business scale[6]. - The company is investing significant R&D resources into core automotive clients to meet future business demands[6]. - The company has implemented cost-cutting measures, with expected reductions in sales, management, and R&D expenses compared to the previous year[6]. Earnings Forecast - The company has communicated with its accounting firm regarding the earnings forecast, and there are no discrepancies noted[4]. - The earnings forecast is based on preliminary estimates and has not been audited by an external firm[7].
高新兴(300098) - 2024 Q4 - 年度业绩预告