BAOMING TECH(002992)2025-01-16 08:41Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 75 million and 95 million yuan for the year 2024, compared to a loss of 123.85 million yuan in the same period last year, representing a reduction in loss of 23.30% to 39.44%[3] - The net loss after deducting non-recurring gains and losses is projected to be between 86.74 million and 106.74 million yuan, down from a loss of 125.82 million yuan last year, indicating a reduction in loss of 15.16% to 31.06%[3] - The basic earnings per share is expected to be a loss of between 0.42 and 0.53 yuan, compared to a loss of 0.69 yuan per share in the previous year[3] Operational Challenges - The main reason for the performance change is ongoing operational losses due to intense market competition and persistently low product sales prices, which do not fully cover the company's costs and expenses[6] - The company's main business revenue and product gross margin have improved compared to the previous year, but the overall financial performance remains negative due to external market pressures[6] Asset Management and Impairment - The company has conducted a comprehensive review and impairment testing of its assets, leading to the recognition of impairment provisions for certain assets showing signs of impairment[7] Financial Reporting and Audit - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report[8] - The company advises investors to make cautious decisions and be aware of investment risks due to the preliminary nature of the earnings forecast[8] - The earnings forecast period is from January 1, 2024, to December 31, 2024[3] - The company has communicated with the auditing accounting firm regarding the earnings forecast, and there are no discrepancies in the reported figures[4]