Jilin University Zhengyuan Information Technologies (003029.SZ) announced its 2024 semi-annual performance forecast. The net income attributable to shareholders of listed companies is expected to be a loss of 26-36 million yuan, compared with a loss of 32.15 million yuan in the same period last year. The net income after deducting non-recurring gains and losses is expected to be a loss of 29-41 million yuan, compared with a loss of 33.55 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.13-0.19 yuan/share.
The sales in the industry in which the company operates have seasonal characteristics. Many customers budget and initiate procurement and investment activities for the current year, equipment selection tests, etc. in the first half of each year, while bidding, procurement, project construction, acceptance, and settlement take place in the second half of the year. Therefore, the company's second half performance is generally better than the first half. The company grasps the market opportunities of digital transformation and expands its business in cooperation with partners in the fields of information technology and data security. The company achieved a YoY growth in orders in the reporting period.