Xi'An Typical Industries (600302.SH) predicts a net loss of 130 million to 150 million yuan in 2024.

Xi'An Typical Industries (600302.SH) released a profit warning for the fiscal year 2024, expecting a net loss attributable to the owners of the parent company of 130 million to 150 million yuan in 2024. During the reporting period, the overall sewing industry in China saw a recovery, and the company actively responded to market demand by focusing on its advantages and expanding its service business. The company continued to improve its technical capabilities around system transformation, optimize its organizational structure to enhance management efficiency. However, there is fierce competition in the overall market, leading to a certain degree of decrease in the company's operating income and gross profit.