FENGYUAN(002805)2025-01-21 09:10Financial Performance - The company expects a net loss for the fiscal year 2024, estimated between CNY 23 million and CNY 33 million, compared to a loss of CNY 38.93 million in the same period last year[3]. - The net loss attributable to shareholders after deducting non-recurring gains and losses is projected to be between CNY 22.67 million and CNY 32.67 million, compared to a loss of CNY 39.25 million last year[3]. - Basic earnings per share are expected to be between CNY -1.18 and CNY -0.82, compared to CNY -1.39 per share in the previous year[3]. Sales and Production - The company has seen a significant increase in sales volume of lithium battery cathode materials compared to the previous year, despite a decline in product prices[5]. - The overall equipment utilization rate is insufficient, leading to higher manufacturing costs per finished product due to the allocation of fixed costs[5]. - The company is actively taking measures to reduce costs and improve efficiency while enhancing product quality and diversifying product offerings[5]. Financial Reporting and Investor Guidance - The financial data in the earnings forecast has not been audited by the accounting firm, and the specific financial figures will be detailed in the 2024 annual report[6]. - The company emphasizes the importance of timely information disclosure and advises investors to make cautious decisions and be aware of investment risks[6].