HLGF(SH:600346)2015-01-30 16:00Financial Performance - The company expects a net loss of approximately 170 million yuan for the year 2014, compared to a net profit of 11,066,834.90 yuan in the previous year[2][3]. - The earnings per share for the previous year was 0.05 yuan[3]. Sales and Revenue - The decline in sales revenue is attributed to market conditions and various factors affecting the parent company[3]. Subsidiary Operations - The subsidiary, Dalian Daxiang Machinery Manufacturing Co., Ltd., transitioned from trial production to normal operations but faced insufficient production tasks, leading to losses[3]. Financial Expenses - Increased financial expenses were noted due to the capitalization of interest decreasing as construction was completed and transferred to fixed assets[3]. Provisions and Estimates - Provisions for bad debts and inventory write-downs were also accounted for in the financial estimates[3]. - The financial data provided is preliminary and has not been audited, with detailed financial results to be disclosed in the annual report[4].