Ming Jewelry (002574.SZ) announced the 2024 interim performance forecast, with a net income attributable to shareholders of the listed company of 12 million yuan-18 million yuan, a year-on-year decrease of 73.50%-82.33%; after deducting non-recurring gains and losses, the net income is 2 million yuan-profit 8 million yuan, a year-on-year decrease of 85.24%-96.31%; basic earnings per share are profit 0.027 yuan/share-0.034 yuan/share.
During the reporting period, the competition in the photovoltaic industry intensified, and the price of photovoltaic battery products continued to decline, leading to a net loss of the wholly-owned subsidiary Zhejiang RYNEC Technology Co., Ltd. the company will actively respond to changes in the photovoltaic industry market environment, strive to reduce costs and increase efficiency, and continuously improve competitiveness. During the reporting period, the company's main business of jewelry maintained steady development.