Financial Performance - The company expects a net loss of RMB 39 million to RMB 57 million for the fiscal year 2024, a significant decline of 710.42% to 992.16% compared to the previous year's profit of RMB 6.389 million [4]. - The loss after deducting non-recurring gains and losses is also projected to be between RMB 39 million and RMB 57 million, representing a decrease of 888.13% to 1251.89% from last year's RMB 4.9484 million [4]. Market Conditions - The decline in performance is attributed to a slowdown in market demand within the smart city industry and intensified competition, leading to a cautious approach in business engagement [7]. Accounts Receivable and Impairment - The company has recognized a significant amount of accounts receivable, prompting it to provision for impairment, which has adversely affected the current period's profit [7]. Strategic Initiatives - The company is actively promoting its digital strategy, focusing on sectors such as computing power services, rail transit, power grid informatization, enterprise digitization, and digital energy [7]. - To attract and retain talent, the company has implemented an equity incentive plan, which is expected to positively impact customer structure optimization and revenue improvement in the long term [7]. Financial Reporting - The financial data presented in the earnings forecast is preliminary and has not been audited, with detailed financial results to be disclosed in the annual report for 2024 [8].
天亿马(301178) - 2024 Q4 - 年度业绩预告