S-KING(688328)2025-01-24 10:05Financial Performance Forecast - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -114.75 million and -85 million CNY, narrowing the loss by 0.80% to 26.52% compared to the previous year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -124.25 million and -94.5 million CNY, with a year-on-year narrowing of loss by 1.22% to 24.88% [3]. - The total profit for the same period last year was -127.72 million CNY, with a net profit attributable to shareholders of -115.68 million CNY [5]. - The preliminary performance forecast has not been audited by registered accountants, and the final impairment amounts will be determined in the audited 2024 annual report [9]. - Investors are advised to note that the forecast data is preliminary and the accurate financial data will be disclosed in the audited annual report [10]. Business Performance and Challenges - The company's flat panel display module equipment business faced revenue decline due to economic conditions, intensified industry competition, and slower acceptance pace from downstream customers [6]. Strategic Investments and Developments - The company has increased support and investment in semiconductor equipment, acquiring minority stakes in Shenzhen Deep Tech Semiconductor Technology Co., Ltd., which is expected to enhance future performance contributions [7]. - Shenzhen Deep Tech Semiconductor Technology Co., Ltd. has maintained a leading market share in domestic turret testing and sorting integrated machines, with significant net profit growth due to recovering market demand [7]. - The company continues to develop VR glasses production equipment, enhancing optical performance for well-known foreign consumer VR products, and has achieved mass production of Micro OLED vacuum bonding equipment [7]. - The company has upgraded its linear motor product line and achieved key technological breakthroughs in high-performance water-cooled linear motors for machine tool applications [8].