CAHIC(600195)2025-01-10 09:00Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between 62.51 million and 88.03 million CNY, a decrease of 315.02 million to 340.54 million CNY compared to the previous year, representing a year-on-year decline of 78.16% to 84.49%[3] - The projected net profit excluding non-recurring gains and losses for 2024 is estimated to be between 57.79 million and 83.31 million CNY, down by 195.55 million to 221.07 million CNY from the previous year, reflecting a decrease of 70.12% to 79.28%[3] - In 2023, the total profit was 406.38 million CNY, with a net profit attributable to shareholders of 403.05 million CNY, and a net profit excluding non-recurring gains and losses of 278.86 million CNY[4] Factors Affecting Performance - The decline in performance is attributed to industry overcapacity, reduced profitability in the breeding sector, fluctuating raw material prices, and intensified market competition[5] - The company reported a significant investment income of 143.56 million CNY from the disposal of long-term equity investments in 2023, which will not recur in 2024, contributing to the profit decline[6] Strategic Response - The company is actively responding to multiple pressures by optimizing marketing structures, enhancing marketing efforts, and developing new products and business lines[6] - The company maintains a strong market share and operational stability despite the challenges faced[6] Audit and Investment Caution - The preliminary financial data provided is subject to final audit and may differ from the officially disclosed figures in the 2024 annual report[8] - There are no significant uncertainties affecting the accuracy of this performance forecast[7] - Investors are advised to be cautious regarding investment risks based on the preliminary nature of the forecast data[8]