Kailong High Tech(SZ:300912)2025-01-23 08:26Financial Performance - The company expects a net profit loss of between RMB 230 million and RMB 287.5 million for the fiscal year 2024, compared to a profit of RMB 9.36 million in the same period last year[3]. - The net profit loss after deducting non-recurring gains and losses is estimated to be between RMB 225 million and RMB 281.25 million, compared to a loss of RMB 5.22 million in the previous year[3]. - The company anticipates an impairment charge on fixed assets ranging from RMB 68 million to RMB 76 million due to decreased capacity utilization[6]. Sales and Market Conditions - The decline in sales is attributed to a decrease in commercial vehicle production and sales, increased penetration of new energy commercial vehicles, and intensified industry competition[5]. Business Strategy and Future Plans - The company plans to optimize its business layout and increase investment in new materials, automotive inspection, VOCs treatment, and thermal management systems, while also expanding into overseas markets[5]. - The company aims to enhance product quality, improve operational management, and promote cost reduction and efficiency improvement in 2025[7]. - The financial data for the fiscal year 2024 will be detailed in the annual report, and investors are advised to make cautious decisions[8].