On July 9th, Gelunhui reported that Anhui Sinonet & Xinlong Science & Technology (002298.SZ) released a performance forecast for the first half of 2024, showing a net loss of 0.26-0.36 billion yuan attributable to shareholders of the listed company during the reporting period. In the same period last year, the loss was 106.2299 million yuan. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was a loss of 0.2645 billion yuan to 0.3645 billion yuan, compared with a loss of 113.6835 million yuan in the same period last year. The basic loss per share was 0.3625 yuan/share-0.5019 yuan/share.
The company's main business includes three major business sectors: smart city, intelligent energy use (intelligent high and low voltage transmission and distribution equipment and components) and smart new energy. Among them, the intelligent energy use sector has continuously increased customer transformation and product structure adjustment, further strengthened refined management and tapped potential for increased efficiency, and performance has continued to steadily grow. In the smart city sector, Beijing Zhongdian Xingfa Technology Co., Ltd., a wholly-owned subsidiary of the company (referred to as "Beijing Zhongdian Xingfa"), suffered from operating losses due to reasons such as asset impairment losses related to its participation in the reform and cooperation of China Unicom, and bad debt provisions for accounts receivable due to the main customer's declining payment ability.