*Jiangsu Zhongli Group (002309.SZ) released its 2024 interim report, with the company's revenue reaching 1.819 billion...
Jiangsu Zhongli Group (002309.SZ) announced its 2024 interim report, with the company's revenue reaching 1.819 billion yuan, a year-on-year decrease of 17.1%; the net loss attributable to shareholders of the listed company is 0.266 billion yuan, and the loss has expanded; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses is 0.265 billion yuan, and the loss has also expanded; the basic loss per share is 0.30 yuan/share.
The main reasons for the company's performance changes are as follows: the overall performance of the company is affected by the deep adjustment of the photovoltaic industry and is still in the stage of pre-restructuring; there is a shortage of operating funds, and the overall production capacity cannot be fully released, leading to limited order acceptance; at the same time, financing expenses still need to be provisioned normally, and they account for a high proportion of the overall expenses of the company; the rigid expenses for maintaining daily operations of the company also need to be incurred normally, thus the overall performance cannot be reflected. The cable sector is working to ensure the delivery of key customers; the photovoltaic sector is mainly focused on OEM production, and coupled with the intensifying competition in the overall photovoltaic market, the sales prices of photovoltaic products continue to decline, resulting in a loss in the photovoltaic business.
