Inventronics (Hangzhou)(300582)2025-01-24 09:10Financial Performance - The company expects a net profit turnaround for 2024, projecting a profit of 0 million yuan compared to a loss of 17,335.55 million yuan in the previous year[3] - The anticipated net profit for 2024 is a significant improvement from a loss of 16,341.46 million yuan in the previous year after excluding non-recurring losses[3] Non-Recurring Gains and Losses - The expected non-recurring gains and losses will impact net profit by approximately 100-400 million yuan, primarily from government subsidies received[6] Business Strategy and Operations - The company has successfully completed the integration of major asset restructuring projects, enhancing competitiveness in R&D, technology, sales, supply, and talent[5] - The company has strengthened its management system and optimized cost control, contributing to the expected profit turnaround[6] - The integration work has been resource-intensive, and the synergistic effects are expected to take time to materialize, impacting the growth rate for 2024[6] Market Position and Industry Trends - The LED lighting industry is gradually recovering, with the company maintaining a leading market position in traditional business areas such as road and plant lighting[5] - The company has established deeper cooperation with clients in the sports lighting application field[5] - The company is focusing on investments in lighting control and digital innovation platforms to become an industry leader in interconnected lighting systems[5] Investor Communication - The company emphasizes the importance of investor awareness regarding the preliminary nature of the forecast data, which will be detailed in the annual report[7]