Financial Performance - The company expects a net loss for the fiscal year 2023, estimated between -195 million to -165 million CNY, compared to a net profit of -21.55 million CNY in the same period last year[3]. - The decline in performance is primarily attributed to project delays due to macroeconomic conditions, despite a slight increase in sales revenue[4]. Project Issues - The company has made a provision for bad debts amounting to 158.27 million CNY related to the "Dual Carbon Green Energy Center Project" due to contract disputes[5]. - The total contract amount for the "Dual Carbon Green Energy Center Project" is approximately 197.38 million CNY, with significant disputes arising in February 2024[5]. - The company has established a dedicated team to address the risks associated with the project and is pursuing negotiations and legal avenues to mitigate financial losses[7]. Stakeholder Communication - The company has communicated with state-owned shareholders to ensure support in protecting its legal rights and maintaining normal operations[8]. Financial Reporting - The preliminary financial data is subject to audit and does not constitute a performance commitment to investors; final figures will be disclosed in the annual report[9].
微创光电(430198) - 2023 Q4 - 年度业绩预告