Zhi Te New Materials: It is expected that the net profit will be 65-95 million yuan in 2024.

On January 20, Jinshi Data announced that it is expected to achieve operating income of approximately 2.48 billion yuan to 2.6 billion yuan from January 1, 2024 to December 31, 2024, compared to 2.238 billion yuan in the same period last year, with a rise of 10.81% to 16.17% YoY. The vesting net profit attributable to the shareholders of the listed company is expected to be 65 million yuan to 95 million yuan, compared to a loss of 45.2972 million yuan in the same period last year. The net profit attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, is expected to be 43 million yuan to 63 million yuan, compared to a loss of 81.9013 million yuan in the same period last year. The performance rise is mainly due to the company’s improvement in production and operation efficiency, expansion of overseas markets, and the development of high value-added products and business to form scale.