LianChuang Electronic Technology (002036.SZ) announces a forecasted net loss of 280 million to 550 million yuan for 2024.

LianChuang Electronic Technology (002036.SZ) released its 2024 annual performance forecast, expecting a net loss attributable to the company's shareholders of 280 million to 550 million yuan for the full year. During the reporting period, the main reasons for the company's net loss were: 1. The company was affected by various factors such as intense competition in the consumer electronics industry, leading to a low gross profit margin for the company's products. In the future, with the recovery of the consumer electronics industry and the growth of the intelligent driving industry scale, the company's profitability is expected to improve. 2. During the reporting period, the company's management expenses, financial expenses, and sales expenses were relatively high, impacting the company's profits. In the future, the company will further optimize its asset structure, improve the integration of the industrial chain in various links, promote intelligent manufacturing and refined management, control costs, and enhance the company's profitability. 3. The company actively laid out and cultivated in the field of automotive electronic optics such as in-vehicle displays, in-vehicle lighting, and in-vehicle radar, leading to higher research and development expenses, which also had a certain impact on this period's performance. 4. According to the provisions of the "Enterprise Accounting Standards," the company conducted a comprehensive review of accounts receivable, inventory, and other items, and made provisions for impairment of assets that may incur losses.