Zhejiang Linuo Flow (300838)2025-01-22 10:30Financial Performance Expectations - The company expects a net profit attributable to shareholders of between RMB 16 million and RMB 24 million for the year 2024, a decrease of 85.06% to 77.58% compared to the previous year's profit of RMB 107.06 million [3]. - The net profit after deducting non-recurring gains and losses is projected to be between RMB 12 million and RMB 18 million, down by 88.29% to 82.44% from RMB 102.50 million in the same period last year [3]. Reasons for Performance Decline - The decline in performance is primarily due to a slowdown in fixed asset investment in downstream industries and a decrease in product sales prices, leading to a drop in revenue and gross margin [5]. Strategic Initiatives - The company has increased its market expansion efforts and after-sales service investments, resulting in higher sales expenses [5]. - The company is committed to a "dual-engine" strategy of "internal growth + external expansion" to promote sustainable high-quality development [6]. - Continued focus on product research and development, brand building, and internal operational management is planned to enhance industry synergy and collaboration among subsidiaries [6]. Financial Reporting and Investor Guidance - The financial data presented is preliminary and will be detailed in the 2024 annual report, urging investors to make cautious decisions and be aware of investment risks [7].