Zhejiang Furun(SH:600070)2025-03-18 13:35Financial Performance Expectations - The company expects a total profit of between -388 million and -318 million CNY for the year 2024[2]. - The estimated net profit attributable to shareholders is projected to be between -385 million and -315 million CNY, with the same range for net profit after deducting non-recurring gains and losses[2]. - The anticipated operating revenue for 2024 is approximately 306 million CNY, with revenue after excluding unrelated business income estimated at about 287 million CNY, both below the 300 million CNY threshold[2][7]. - The company's net assets at the end of 2024 are expected to be between 270 million and 330 million CNY[2]. - In the previous year, the total profit was -628 million CNY, and the net profit attributable to shareholders was -568 million CNY[8]. - The company reported an operating revenue of 93 million CNY last year, with revenue after excluding unrelated business income at 72 million CNY[8]. Revenue and Income Adjustments - The revenue correction is primarily due to the recognition of certain income on a net basis and the exclusion of unrelated business income[9]. - The company has triggered financial delisting risk due to the projected operating revenue being below 300 million CNY[12]. Risk Management and Future Outlook - The final financial data may differ from the preliminary estimates as they have not yet been audited[10]. - The company will disclose the potential risk of stock delisting after the annual report is released[12]. - The board of directors sincerely apologizes for the inconvenience caused by the performance forecast revision[13]. - The company will conduct thorough and prudent assessments of various risk factors affecting performance forecasts[13]. - The company aims to improve the timeliness and accuracy of performance forecasts to avoid similar situations in the future[14].