Core Viewpoint - The company has revised its earnings forecast for the fiscal year 2024, indicating a positive net profit that is expected to increase compared to previous estimates [1][2]. Earnings Forecast - The earnings forecast period is from January 1, 2024, to December 31, 2024 [1]. - The previous earnings forecast, disclosed on January 25, 2025, indicated a positive net profit with an upward trend [1]. - The revised earnings forecast also anticipates a positive net profit and an upward trend [1]. Reasons for Earnings Revision - The company holds a 99.9969% stake in Changpei (Shanghai) Investment Center, which in turn holds 69,330.94 million shares of a certain Hong Kong-listed company [2]. - The Hong Kong-listed company reported significant losses that exceeded the company's prior expectations [2]. - The new product launches and market performance of existing products from the Hong Kong-listed company did not meet market expectations, prompting a reassessment of the long-term equity investment impairment losses [2]. Communication with Auditors - The company has communicated with its annual audit firm regarding the earnings forecast revision, confirming the adjustments after thorough discussions [1][2]. - There are no significant disagreements between the company and the audit firm regarding the revision, with final data to be based on the audit firm's verified financial data [1]. Additional Information - The company received an administrative penalty notice from the China Securities Regulatory Commission on April 1, 2024, and a formal penalty decision on November 6, 2024 [3]. - Following the penalty decision, the company has initiated a review of its financial reports and is in the process of correcting errors and making retrospective adjustments [3]. - The company expresses regret for any impact the earnings forecast revision may have on investors and commits to improving the quality of information disclosure [3].