XSS(SH:600117)2024-05-29 07:35Group 1: Financial Performance - The company reported a net loss of 190 million yuan in Q1 2024, a reduction in loss of 55 million yuan year-on-year [6] - In 2023, the net profit attributable to shareholders was 168.61 million yuan, while the net profit after deducting non-recurring gains and losses was -157.93 million yuan [7] - The company aims to improve profitability by reducing manufacturing costs, expanding sales channels, and optimizing procurement [7] Group 2: Future Outlook - The company is in a recovery phase post-restructuring and plans to apply for the removal of risk warnings if conditions are met [3][7] - There is a focus on stabilizing production and improving operational efficiency in the second quarter of 2024 [5] - The company is currently not operating at full capacity due to market supply and demand issues, but production is gradually recovering [5] Group 3: Investor Relations and Market Response - The company is addressing concerns regarding stock price performance, emphasizing efforts to restore operational vitality and profitability [9] - There are no current plans for stock buybacks or major shareholder increases, but any related plans will be disclosed as per regulations [5] - The company assures that there has been no reduction in holdings by investors involved in the restructuring process [5]