Xizi Clean Energy Equipment Manufacturing (002534.SZ) forecasts a pre-increase, with a net profit of 400 million to 500 million yuan in 2024, a year-on-year increase of 633% to 816%.

Xizi Clean Energy Equipment Manufacturing (002534.SZ) has released its performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of 400 million to 500 million yuan, a year-on-year increase of 633% to 816%. The main reasons for the growth in net profit attributable to shareholders of the listed company during the reporting period are: (1) Significant improvement in the quality of company orders, leading to an increase in sales gross profit margin; (2) The company has strengthened control over sales expenses, management expenses, and financial expenses, with a decrease in the three expense items compared to the same period last year; (3) The company expects a decrease in credit losses and asset impairment provisions compared to the same period last year; (4) Investment income from the transfer of equity in affiliated companies recognized in 2024 has increased.