DEREN(SZ:002055)2025-01-24 10:10Financial Performance Expectations - The company expects a net loss of between 1.1 billion and 1.6 billion CNY for the fiscal year 2024, compared to a loss of 203.08 million CNY in the same period last year[4]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss between 900 million and 1.4 billion CNY, compared to a loss of 231.75 million CNY in the previous year[4]. - Basic earnings per share are expected to be a loss between 1.82 CNY and 2.65 CNY, compared to a loss of 0.336 CNY per share last year[4]. Business Development - The company's home appliance and consumer electronics businesses are developing steadily, with breakthroughs in new product development and market expansion[6]. - The company's connector business has maintained good development, achieving positive growth in revenue and profitability[6]. Challenges and Impairments - The electric vehicle business faces significant challenges, particularly due to operational and financial pressures on the subsidiary Meta System S.p.A.[6]. - Meta's capital increase plan was delayed due to external factors, leading to a deterioration in its asset and operational status, resulting in a significant decline in revenue and gross profit[6]. - The company has recognized substantial impairment provisions for Meta's related assets due to uncertainties surrounding its ongoing creditor reconciliation process[6]. - The company has also recognized significant impairment provisions for certain assets due to market conditions and product obsolescence[6]. Financial Data Disclaimer - The financial data provided is preliminary and subject to change, with the final figures to be disclosed in the 2024 annual report[7].