CIMC VEHICLES(301039)2025-01-23 10:04Financial Performance - The estimated net profit for 2024 is projected to be between RMB 106 million and RMB 114 million, representing a decline of over 50% compared to the previous year's net profit of RMB 245.57 million[4]. - The estimated net profit attributable to shareholders after deducting non-recurring gains is expected to be RMB 103 million, down 34% from RMB 155.34 million in the previous year[4]. - The basic earnings per share is projected to be between RMB 0.55 and RMB 0.59, a decrease from RMB 1.22 in the previous year[4]. - The company recorded a non-recurring gain of approximately RMB 84.8 million from the sale of 100% equity in Shenzhen CIMC Special Vehicle Co., Ltd., which significantly boosted the 2023 net profit[6]. - The performance forecast is based on preliminary estimates and has not been audited by an accounting firm, with detailed data to be disclosed in the 2024 annual report[8]. Market Outlook - The North American semi-trailer market is expected to see a production decline of 30% in the first half of 2024, returning to normal demand levels[7]. - The company plans to focus on building new production capabilities for semi-trailers as part of its third entrepreneurial initiative in 2024[7].