LECRON(SZ:300343) Sou Hu Cai Jing·2025-04-03 10:10Core Viewpoint - ST Lianchuang (Lianchuang Co., Ltd.) has been placed under risk warning, leading to its removal from the margin trading list starting March 25, 2025, due to prior administrative penalties from the Shandong Securities Regulatory Bureau [2] Financial Performance - Lianchuang Co., Ltd. forecasts a net profit attributable to shareholders of 21 million to 27 million yuan for 2024, representing a year-on-year growth of 65.16% to 112.34% [4] - The company expects a net loss of 44 million to 50 million yuan after excluding non-recurring gains and losses [4] - The increase in revenue is attributed to higher sales volume of lithium battery-grade polyvinylidene fluoride (PVDF) due to increased R&D investment and improved product quality [4] - The market competition has been effectively regulated with the implementation of quota management for HFCs, leading to significant price increases for some products [4] - The company has improved its operational efficiency, with higher equipment utilization rates and effective cost control [4] Non-Recurring Gains and Losses - The expected non-recurring gains for the reporting period are approximately 71 million yuan, primarily from the reversal of impairment provisions for other receivables, government subsidies, and gains from changes in fair value of financial assets [4]