AYIS(SH:600569)2025-04-15 10:45Financial Performance - In 2024, the total operating revenue was CNY 29.64 billion, a decrease of 29.68% compared to the previous year[5] - The net profit attributable to shareholders was a loss of CNY 3.27 billion, compared to a loss of CNY 1.55 billion in the previous year[6] - The total assets decreased by 3.01% to CNY 42.20 billion from CNY 43.51 billion year-on-year[5] - The equity attributable to shareholders decreased by 55.14% to CNY 2.65 billion from CNY 5.90 billion year-on-year[5] - The basic earnings per share were -CNY 1.139, compared to -CNY 0.541 in the previous year[5] Industry Challenges - The steel industry faced significant downward pressure due to high costs and low demand, leading to a challenging operational environment[6] - The company is undergoing a transformation in specialty steel, which is currently facing challenges[6] Operational Strategy - The company is focusing on stabilizing production efficiency, cost reduction, and risk management amid adverse market conditions[6] - The company is in the early stages of production for certain projects, which has impacted overall performance negatively[6] Financial Reporting - The financial data presented are preliminary and may differ from the final annual report, highlighting the need for caution among investors[7]