Arctech Solar(688408)2025-01-21 10:25Financial Performance - The company expects a net profit attributable to shareholders of approximately 635 million yuan for 2024, an increase of about 289.96 million yuan, representing a year-on-year growth of approximately 84.04%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be around 610 million yuan, an increase of about 303.67 million yuan, reflecting a year-on-year increase of approximately 99.13%[3]. - The growth in revenue and net profit is attributed to the strong demand in the global photovoltaic market, particularly in emerging markets such as the Middle East and Latin America[6]. Order Backlog - As of December 31, 2024, the company has a total order backlog of approximately 4.65 billion yuan, with tracking systems accounting for about 3.5 billion yuan and other orders approximately 1.15 billion yuan[7]. Strategic Measures - The company has implemented strategic measures for vertical and horizontal integration around photovoltaic bracket systems, which have begun to show results in this reporting period[6]. Government Subsidies - The government subsidies recognized in the current period have decreased, leading to a decline in non-operating gains compared to the same period last year[8]. Performance Forecast - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by registered accountants[4]. - The company has not identified any significant uncertainties that could affect the accuracy of this performance forecast[9]. - The data provided is preliminary and the final audited financial data will be disclosed in the official annual report for 2024[10]. - Investors are advised to pay attention to investment risks associated with the preliminary nature of the forecast data[10].