ZHEJIANG SHIBAO(SZ:002703)2025-01-23 10:15Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between CNY 140 million and CNY 165 million, representing a year-on-year growth of 81.34% to 113.72%[2]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between CNY 130 million and CNY 155 million, indicating a year-on-year increase of 101.94% to 140.78%[2]. - The basic earnings per share is forecasted to be between CNY 0.17 and CNY 0.20, compared to CNY 0.10 in the previous year[2]. Profit Drivers - The significant profit increase is attributed to the growth in sales of electric and intelligent steering system products, driven by trends in automotive electrification, intelligence, and globalization[4]. - The company anticipates a decrease in the proportion of period expenses relative to operating income, contributing to the overall profit growth[4]. Financial Reporting - The performance forecast has been communicated with the accounting firm, and there are no discrepancies regarding the earnings forecast[3]. - The financial data presented is a preliminary estimate, with the final figures to be confirmed in the 2024 annual report[6].