DFP(SH:601515) Zheng Quan Shi Bao Wang·2025-01-27 09:50Core Viewpoint - Dongfeng Group (601515) expects a significant net loss for the fiscal year 2024, projecting a net profit of between -550 million to -450 million yuan, a stark contrast to the previous year's profit of 151 million yuan [1] Financial Performance - The anticipated net profit for 2024 is projected to be between -550 million to -450 million yuan, with a similar expectation for the non-recurring net profit [1] - The previous year's net profit was 151 million yuan, and the non-recurring net profit was 164 million yuan [1] Reasons for Performance Decline - The primary reason for the expected loss is attributed to significant valuation changes in projects invested by joint ventures, leading to an estimated investment loss of between -240 million to -180 million yuan [1] - The company has also conducted impairment tests on goodwill related to subsidiary acquisitions, estimating a goodwill impairment provision of approximately 130 million to 160 million yuan [1] Strategic Adjustments - The company is undergoing a strategic transformation, resulting in a reduced scope of consolidated financial statements due to the disposal of several subsidiaries in the printing and packaging sector [2] - The changes in business structure and related profit and loss impacts have contributed to the performance fluctuations [2] Shareholder Changes - The controlling shareholder, Hong Kong Dongfeng Investment, plans to transfer a total of 375 million shares (20% of total shares) to Chuzhou Zhishang and 186 million shares (9.9% of total shares) to Chuzhou Zhiwei, with total transaction values of 1.306 billion yuan and 646 million yuan respectively [3][4] - Following the share transfer, Chuzhou Zhishang will hold 20% of the company and become the controlling shareholder, with the Chuzhou State-owned Assets Supervision and Administration Commission becoming the actual controller [4] Future Outlook - The company aims to attract high-quality enterprises to focus on high-tech industries and local development, enhancing core competitiveness and long-term sustainable growth [5]