SICC CO.(688234)2025-01-23 09:25Revenue and Profit Expectations - Expected annual revenue for 2024 is between 1,750 million RMB and 1,850 million RMB, representing an increase of 39.92% to 47.92% compared to the previous year[2] - Expected net profit attributable to parent company owners for 2024 is between 170 million RMB and 205 million RMB, a significant turnaround from a loss of 45.72 million RMB in the previous year, with an increase of 471.82% to 548.38%[2] - Expected net profit attributable to parent company owners after deducting non-recurring gains and losses for 2024 is between 144 million RMB and 179 million RMB, an increase of 227.75% to 258.80% compared to the previous year[3] - Revenue for the previous year was 1,250.70 million RMB, with a net loss attributable to parent company owners of 45.72 million RMB[4] Production and Market Expansion - The company has achieved mass production of 4-8 inch substrate products, with capacity utilization gradually increasing in 2024, leading to significant growth in revenue and product gross profit[6] - The company's high-quality conductive silicon carbide substrate products are accelerating their expansion into international markets[6] Government Subsidies - The company has received government subsidies related to normal business activities, which have impacted the net profit attributable to parent company owners after deducting non-recurring gains and losses[6]