PACIFIC QUARTZ(603688)2024-07-09 09:19Financial Performance Forecast - The company expects a net profit attributable to shareholders for the first half of 2024 to be between 247 million and 302 million yuan, representing a year-on-year decrease of 87.58% to 89.84%[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 230 million and 282 million yuan, reflecting a year-on-year decline of 88.26% to 90.43%[2]. - The net profit for the same period last year was 2,431 million yuan, with a net profit of 2,403 million yuan after deducting non-recurring gains and losses[4]. - The performance forecast is based on preliminary calculations and has not been audited by certified public accountants[3]. - There are no significant uncertainties affecting the accuracy of this performance forecast[6]. - Investors are advised to pay attention to investment risks as the data provided is preliminary and subject to change in the official half-year report[6]. Factors Affecting Performance - The significant decline in performance is attributed to the volatility in the photovoltaic industry, reduced demand for quartz materials, and a cautious sales strategy to mitigate bad debt risks[5]. Strategic Initiatives - The company plans to enhance cost management and accelerate technological innovation to provide more functional photovoltaic quartz products[5]. - The semiconductor materials development strategy remains a priority, with increased investment in R&D and expanding product certification with major semiconductor equipment manufacturers[5]. - The quartz materials for the semiconductor business are becoming an important growth point for the company[5].