Hanma Technology Group (600375.SH) released a profit forecast, expecting a net profit of 155 million to 185 million yuan for the year 2024, turning losses around compared to the previous year.

Hanma Technology Group (600375.SH) released its annual performance forecast for 2024, expecting to achieve a net profit attributable to shareholders of the listed company of 155 million to 185 million yuan in 2024 and turn losses into profits. On December 30, 2024, the court in Ma'anshan confirmed that the company and its wholly-owned subsidiaries, Anhui Hualing Automobile Co., Ltd., Anhui Xingma Special Purpose Vehicle Co., Ltd., Anhui Fuma Automobile Parts Group Co., Ltd., Anhui Fuma Electronic Technology Co., Ltd., and Wuhu Fuma Automobile Parts Co., Ltd., completed the implementation of the reorganization plan and terminated the reorganization process of the company and the mentioned subsidiaries. For more details, refer to the "Announcement on the Completion of the Implementation of the Reorganization Plan by the Company and its Subsidiaries" disclosed by the company on December 31, 2024. Due to the reorganization, the net assets at the end of this period turned positive, and the net profit attributable to shareholders of the listed company turned losses into profits.