WENZHOU HONGFENG(300283)2025-01-22 11:56Financial Performance Expectations - The company expects a net loss of between RMB 48 million and RMB 75 million for the fiscal year 2024, compared to a profit of RMB 21.12 million in the same period last year[3]. - The expected loss from non-recurring items is projected to be between RMB 60 million and RMB 87 million, compared to a loss of RMB 58.26 million in the previous year[3]. - The impact of non-recurring gains and losses on net profit for 2024 is estimated to be around RMB 12 million[6]. Project-Specific Losses - The copper foil project is anticipated to incur a loss of approximately RMB 83 million to RMB 88 million due to high costs and limited production capacity during the initial growth phase[5]. - The Wenzhou production base for copper foil is expected to face a loss of RMB 47 million to RMB 55 million as it is in the equipment commissioning phase[6]. - The semiconductor project is projected to incur a loss of RMB 12 million to RMB 15 million as it is still in the construction phase with significant costs related to equipment installation[6]. Audit and Reporting Concerns - The financial data in the earnings forecast has not been audited by a registered accounting firm, highlighting potential investment risks[4]. - The company emphasizes that the earnings forecast is a preliminary estimate and will be detailed in the 2024 annual report[7].