Jiangsu Transimage Technology (002866.SZ) forecasts a net loss of 65-90 million yuan for the full year of 2024, a change from profit to loss compared to the previous year.

Jiangsu Transimage Technology (002866.SZ) announced its 2024 performance forecast, expecting a net loss attributable to shareholders of 65-90 million yuan for the full year, turning from profit to loss year-on-year. During the reporting period, the company continued to promote the industrialization of sodium-ion battery in various aspects such as technology research and development, process improvement, product upgrades, and market expansion, laying a solid foundation for the company to create a second growth curve in the future and achieve the dual-drive development strategy of "consumer electronics + new energy". However, as the company's sodium-ion battery business is still in the early stage of industrialization and mass production, the scale effect has not been fully reflected, costs and investments are high, and the market for lithium-ion new energy industry fluctuated during the reporting period. The price of battery market has remained low, the company has made impairment provision and price adjustment provision for related fixed assets and inventory based on prudence principle, resulting in temporary losses in operating performance for the reporting period.