SCAM(SZ:300554)2025-01-24 10:12Financial Performance - The company expects a net loss of between 115.75 million and 159.85 million yuan for the fiscal year 2024, compared to a profit of 26.91 million yuan in the same period last year [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 119.41 million and 163.51 million yuan, down from a profit of 25.28 million yuan in the previous year [2]. - The decline in performance is attributed to insufficient operating rates of downstream silicon wafer production companies and increased cost control, leading to decreased sales and gross margins of diamond wire products [4]. - The company has made provisions for inventory impairment and conducted impairment tests on fixed assets, which significantly impacted the current period's performance [5]. - The performance forecast data is preliminary and has not been audited, with final figures to be disclosed in the 2024 annual report [9]. Business Strategy - The company plans to expand its diamond grinding wheel business, particularly in semiconductor precision diamond tools, to mitigate adverse effects from fluctuations in the photovoltaic industry [5]. - Ongoing research and development efforts for photovoltaic and semiconductor equipment will continue, with recent product completions including a silicon rod grinding and processing center and a prototype wafer thinning machine [6]. - The company aims to strengthen cost control measures to improve operational efficiency and support ongoing technical research and development [6]. Operational Challenges - There is a risk associated with low capacity utilization rates of silicon slicing lines, with temporary shutdowns at certain bases for maintenance and safety checks [7].