Jiangsu Fasten (000890.SZ) expects to make a pre-loss and expects a net loss of 80 million to 120 million yuan in 2024, a change from profit to loss compared to the previous year.

Jiangsu Fasten (000890.SZ) announced its 2024 performance forecast, expecting a net loss attributable to shareholders of the listed company of 80-120 million RMB for the full year, a change from profit to loss year-on-year. In the same period last year, Dalian Guangtaiyuan Environmental Protection Technology Co., Ltd. failed to meet the performance earn-out, and the performance guarantor compensation amount was 277 million RMB. There were no performance earn-out in this reporting period.