Shenzhen Xinyuren Technology (SH:688573)2025-02-27 07:50Financial Performance - Total revenue for 2024 reached RMB 61,823.12 million, a year-on-year increase of 4.15%[4] - Operating profit decreased to RMB -8,132.41 million, representing a decline of 247.89% compared to the previous year[4] - Net profit attributable to shareholders of the parent company was RMB -6,763.66 million, down 215.91% year-on-year[4] - The net profit excluding non-recurring gains and losses dropped by 322.25% year-on-year to RMB -7,253.57 million[4] Assets and Returns - Total assets increased by 13.26% to RMB 209,505.85 million compared to the beginning of the year[4] - The weighted average return on net assets decreased by 17.87 percentage points to -7.61%[4] Strategic Initiatives - The company plans to increase R&D investment in solid-state battery equipment and technology to maintain core product competitiveness[8] - The company aims to deepen cooperation with leading downstream enterprises to enhance product performance and market competitiveness[10] - Efforts will be made to optimize management and improve efficiency while controlling costs[10] - The company will strengthen accounts receivable management to improve cash collection and enhance inventory management[10]