Jinyuan EP Co.,Ltd. (000546.SZ) released a forecasted net profit for the year 2024, estimated to be between 40 million to 60 million yuan, turning losses into profits compared to the previous year.

Jinyuan EP Co., Ltd. (000546.SZ) announced its performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of 40 to 60 million yuan, turning losses into gains compared to the previous year. It is anticipated that non-recurring gains or losses will have an impact of approximately 350 to 390 million yuan on the net profit attributable to shareholders of the listed company. This is mainly due to equity disposal gains resulting from the bankruptcy reorganization of Zhongji Technology Development (Maoming) Co., Ltd., government subsidies received by the company, and interest income related to Zhejiang Huayue Enterprise Management Co., Ltd.