On July 10th, Gelunhui announced the 2024 first half-year earnings forecast for Zhongji Lianhe (605305.SH). According to preliminary calculations by the finance department, it is expected that the net income attributable to the owner of the parent company in the first half of 2024 will be between 0.13 billion yuan and 0.145 billion yuan, a year-on-year increase of 58.99% to 77.34%. It is expected that the net income attributable to the owner of the parent company after deducting non-recurring gains and losses in the first half of 2024 will be between 0.113 billion yuan and 0.128 billion yuan, a year-on-year increase of 62.09% to 83.61%.
The main reasons for the increase in performance this period are: 1. The company further improved its customer coverage, provided better solutions for customers and the industry, met customer needs, and continued to increase the scale of orders, resulting in continued performance growth. 2. The company continues to expand its overseas market, actively developing new products and expanding existing products in new industries while doing a good job in existing business, gradually increasing the proportion of international business and the proportion of new products and related products in new industries, resulting in sustainable performance growth. 3. The company adopted a series of lean management measures and implemented full staff cost reduction and efficiency management. By optimizing the production process, strengthening cost control, and introducing advanced management tools, the company improved production efficiency and reduced operating costs, steadily increasing profitability.