YINYI(000981)2024-07-12 11:34Financial Performance - The company expects a net loss of between 600 million and 800 million CNY for the first half of 2024, representing a reduction in loss of 9.42% to 32.06% compared to a loss of 883.15 million CNY in the same period last year[3]. - The loss attributable to shareholders after deducting non-recurring gains and losses is projected to be between 350 million and 500 million CNY, with a reduction in loss of 40.89% to 58.63% compared to a loss of 845.93 million CNY last year[3]. - The basic earnings per share are expected to be a loss of 0.06 to 0.08 CNY, compared to a loss of 0.09 CNY per share in the previous year[3]. Operational Improvements - The automotive powertrain segment has implemented cost reduction and efficiency enhancement measures, leading to a significant decrease in losses compared to the previous year[7]. - The airbag gas generator segment has turned profitable by closing overseas factories and optimizing product structure, which improved production efficiency[7]. - The European operations of the automotive powertrain segment are still being optimized, contributing to ongoing financial challenges[8]. Non-Recurring Losses - The company anticipates a non-recurring loss of 700 million to 800 million CNY due to the divestiture of its real estate business[8]. Financial Reporting and Risks - The preliminary financial data is subject to uncertainty due to the company's diverse business segments and global operations[11]. - The financial data will be detailed in the company's 2024 semi-annual report, and investors are advised to be cautious of investment risks[9].