AYIS(SH:600569)2025-01-23 11:50Financial Performance - The company expects a net profit attributable to shareholders of approximately -2,950 million yuan for the year 2024[2] - The estimated net profit attributable to shareholders, excluding non-recurring gains and losses, is approximately -3,005 million yuan for 2024[3] - In the same period last year, the net profit attributable to shareholders was -1,554.24 million yuan[4] - The net profit excluding non-recurring gains and losses for the previous year was -1,599.09 million yuan[5] Industry Challenges - The steel industry continues to face significant supply-demand imbalances, with fluctuating steel prices and high raw material costs impacting profitability[6] Non-Operating Gains and Losses - Non-operating gains and losses are expected to impact net profit by approximately 55 million yuan, mainly from government subsidies[6] Strategic Initiatives - The company is actively pursuing a transformation towards special steel production to stabilize operations and reduce costs[6] - The company reported stable production and operations despite multiple challenges affecting performance[6] Cautionary Notes - The forecast data is preliminary and subject to change pending the audited annual report[8] - Investors are advised to be cautious regarding investment risks based on the preliminary forecast[8]