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Longzhou Co., Ltd.: 2024 performance forecast
Longzhou Group (002682.SZ): Expected loss of 0.27 billion yuan to -0.33 billion yuan for the 2024 fiscal year.
Gelonghui, January 20th丨Longzhou Group (002682.SZ) announced its performance forecast for the year 2024. The net income attributable to shareholders of the listed company is expected to be a loss of 0.27 billion yuan to -0.33 billion yuan, reducing losses by 6.35% to 23.38% compared to the same period last year; the net income after deducting non-recurring gains and losses is expected to be a loss of 0.276 billion yuan to -0.336 billion yuan, reducing losses by 5.03% to 21.99% compared to the same period last year; the basic EPS loss is expected to be 0.48 yuan/share to 0.59 yuan/share. The asphalt supply chain business of the wholly-owned subsidiary, Zhaohua Supply Chain Management Group Co., Ltd., is facing challenges in infrastructure construction.
Longzhou Expects Lower 2024 Profit Over After-Sales Maintenance of Faulty Microvast Batteries; Shares Up 5%
Longzhou Group (002682.SZ): The holding subsidiary Zhongqi Hongyuan plans to purchase Battery and carry out after-sales maintenance work.
On January 13, Gelonghui reported that Longzhou Group (002682.SZ) announced that its controlling subsidiary, Dongguan Zhongqi Hongyuan Autos Co., Ltd. (referred to as Zhongqi Hongyuan), is taking measures to properly resolve the after-sales maintenance issues of vehicles. According to the announcement jointly published by the Ministry of Industry and Information Technology and eight other departments regarding the deployment of the replacement work for the power batteries of aging new energy urban bus vehicles in August 2024, and based on relevant policies, Zhongqi Hongyuan has engaged in multiple communications and negotiations with relevant bus Operation companies and Battery suppliers. They plan to utilize warranty funds and adopt cross-brand procurement of power batteries to carry out after-sales service for vehicles equipped with Weihong power batteries that are out of service due to faults.
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Calculating The Fair Value Of Longzhou Group Co., Ltd. (SZSE:002682)