BYIS(600581)2025-01-15 10:31Financial Performance Forecast - The company expects a net profit attributable to shareholders of approximately -1.732 billion yuan for the year 2024[3] - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is around -1.784 billion yuan for 2024[4] - In the same period last year, the net profit attributable to shareholders was -1.163 billion yuan, and the net profit after deducting non-recurring gains and losses was -1.156 billion yuan[5] - The company reported a loss per share of -0.76 yuan in the previous year[5] - There are no major uncertainties affecting the accuracy of this performance forecast[8] - The forecast data is preliminary and subject to change based on the audited financial report to be released later[9] Industry Challenges - The significant decline in performance is attributed to poor downstream demand in the steel industry, a sharp drop in domestic steel prices, and an expanding loss margin in the industry[6] - The company is navigating a complex situation characterized by weak demand and low prices in the Xinjiang steel industry[6] Strategic Initiatives - The company aims to optimize product structure and promote green, high-quality, and intelligent manufacturing to enhance market share and profitability[7] - The company emphasizes a strategic direction of "four modernizations" and operational principles of "four assurances" to guide its future efforts[6]