LOPAL(603906)2025-01-17 11:30Financial Performance Expectations - The company expects a net profit attributable to shareholders of between -696.91 million and -594.70 million yuan for the year 2024, indicating a reduction in losses compared to the previous year [3]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -755.52 million and -644.71 million yuan for 2024 [4]. - The total profit for the previous year was -1,830.60 million yuan, with a net profit attributable to shareholders of -1,233.32 million yuan [5]. Factors Influencing Losses - The company attributes the expected losses in 2024 to changes in the supply-demand relationship in the new energy vehicle industry and significant price adjustments in lithium battery materials [6]. - Non-recurring gains and losses are not expected to have a significant impact on the company's projected losses [6]. - The company incurred substantial non-recurring expenses due to costs associated with its Hong Kong listing and minority shareholder financial liabilities [6]. Strategic Responses - The company is implementing strategies such as product differentiation and cost reduction to mitigate losses, but short-term recovery is challenging [6]. Financial Reporting and Forecasting - The financial data provided is preliminary and has not been audited by an accounting firm, with the final figures to be disclosed in the audited annual report [8]. - As of the announcement date, there are no significant uncertainties affecting the accuracy of the earnings forecast [7]. - The earnings forecast period is from January 1, 2024, to December 31, 2024 [4].