ZHONGLI GROUP(SZ:002309)2025-01-24 12:20Financial Performance - The company expects a net loss attributable to shareholders of between 960 million and 1.46 billion yuan for the fiscal year 2024, compared to a loss of 1.496 billion yuan in the same period last year [2]. - The projected operating revenue for 2024 is between 2.07 billion and 2.53 billion yuan, down from 4.051 billion yuan in the previous year [2]. - The company anticipates an operating loss of approximately 400 million yuan for the year due to tight operating capital and reduced order intake [4]. Restructuring and Liabilities - The company plans to recognize non-recurring gains of approximately 1.9 billion yuan from the completion of its restructuring plan, while also facing losses of about 900 million yuan from related liabilities and expenses [4]. - The company has reported a significant improvement in its asset-liability structure following the restructuring, with liabilities expected to decrease substantially compared to the beginning of the year [4]. - The management holds 427,280,046 shares of the company, representing 14.21% of the total share capital, which will be transferred to designated accounts as per the restructuring plan [5]. Operational Challenges - The company is currently under delisting risk warning and other risk warnings, but expects to apply for the removal of these warnings after the 2024 annual report is disclosed [5]. - The company has maintained its focus on key customer deliveries in its cable business despite operational challenges [4]. - The photovoltaic business has seen a significant revenue decline due to market impacts, despite an increase in new installations in the industry [4]. - The company has recorded impairment provisions of approximately 800 million yuan for fixed assets and inventory due to ongoing operational difficulties [4].