Hangjin Technology (000818.SZ) stock price fluctuates. Previously announced a forecast for a net loss of 850 million to 980 million yuan in 2024.

Hangjin Technology (000818.SZ) announced that the closing price of the company's stock has deviated by more than 20% for three consecutive trading days, indicating abnormal stock trading volatility. Previously, the company disclosed a performance forecast for 2024 on January 22, 2025. The company's net profit attributable to shareholders of listed companies is expected to be a loss of 850 million to 980 million. The main reasons are the decline in sales prices of major products in the chemical sector such as caustic soda, epoxy propane, and polyether resulting in a decline in performance; the integrated circuit sector is evaluating subsidiaries Changsha Shaoguang and Weike Electronic assets showing signs of impairment due to market changes and actual operating conditions. Based on a conservative principle, it is estimated that a provision of 700-800 million goodwill impairment losses will be required, and the final amount will be based on the data audited by the auditing firm.