Zhejiang Furun(SH:600070)2024-04-15 13:38Financial Performance Forecast - The company expects to achieve an annual operating revenue of approximately RMB 93.5 million for 2023, with a revised operating revenue of about RMB 72.9 million after excluding non-core business income and income without commercial substance [3][11]. - The net profit attributable to shareholders of the listed company is projected to be around RMB -560 million for 2023, with a net profit of approximately RMB -520 million after excluding non-recurring gains and losses [7][8]. - The previous year's operating revenue for 2022 was RMB 195 million, with a net profit of RMB -586 million attributable to shareholders [7]. - The company anticipates an increase in credit impairment losses of approximately RMB 85 million, impacting the net profit forecast [17]. Financial Risks and Concerns - The company may face financial delisting risk warnings if the final audited operating revenue is below RMB 100 million and the net profit is negative [4][17]. - The revenue correction is primarily due to the company's self-inspection revealing that some revenue was recognized using the net method [16]. Audit and Communication - The financial forecast has not been audited by an accounting firm, and the final figures will be confirmed in the audited annual report [11][17]. - The company has expressed sincere apologies to investors for the inconvenience caused by the performance forecast correction [14]. - The company will enhance management and communication with auditing institutions to improve the accuracy and timeliness of future performance forecasts [14].