AJ GROUP(600643)2025-04-15 11:30Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -220 million and -260 million RMB, indicating a loss compared to the previous year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -300 million and -350 million RMB [2]. - In the previous year, the total profit was 211.86 million RMB, with a net profit of 99.50 million RMB attributable to shareholders of the parent company [4]. Reasons for Expected Loss - The main reason for the expected loss is the significant decline in operating income due to the ongoing regulation of the real estate market and the trust industry's regulatory guidance, impacting the company's subsidiary, Shanghai Aijian Trust [5]. - Shanghai Aijian Trust incurred a loss of 301 million RMB from the disposal of related loan assets, reducing its net profit by 224 million RMB for 2024 [5]. Asset Management and Impairment - The company has decided not to proceed with the asset transaction plan for the Changshu Wancheng project due to negative developments, which will lead to a credit impairment loss of 334 million RMB [10]. - The company has communicated with its auditing firm regarding the need to terminate the asset confirmation in 2024, impacting the profit statement significantly [10]. Future Improvements and Communication - The company aims to improve the timeliness and accuracy of its performance forecasts in the future to avoid similar situations [13]. - The financial data provided is preliminary and subject to change pending the final audited annual report [12]. - The company has designated information disclosure media to keep investors informed about investment risks [14].