On July 9th, Geelong released a performance forecast for the first half of 2024. Based on preliminary calculations by the company's finance department, it is expected that the net income attributable to shareholders of the listed company in the first half of 2024 will be between 0.13 billion yuan and 0.16 billion yuan, a year-on-year decrease of 74.70% to 79.44%. The company expects to achieve a net profit attributable to shareholders of the listed company excluding non-recurring gains and losses of 0.185 billion yuan to 0.235 billion yuan in the first half of 2024, a year-on-year decrease of 52.39% to 62.52%.
Due to changes in the current market and industry, some of the company's innovative businesses are in a period of transformation and adjustment, and its operational performance has fluctuated, resulting in a year-on-year decrease in the first half of 2024.