ZHONGTAIFUTURES (01461) issues profit warning, expecting a decrease of around 95% in the attributable net profit for 2024.

ZHONGTAIFUTURES (01461) announced that it is expected that the net profit attributable to shareholders of the Group for the year ended December 31, 2024 will decrease by about 95% from the same period in 2023. The Board of Directors believes that the reason for the decrease in performance forecast is due to the significant fluctuations in the domestic A-share market in China in 2024, which resulted in significant losses in the equity options business of the company's subsidiary Zhongtai Hui Rong Financing Investment Co., Ltd., leading to a decrease in the Group's operating performance compared to the same period in 2023. Other businesses of the Group have achieved good development and operations are normal. In 2025, the company will further focus on its main responsibilities, adhere to the implementation of the "talent strengthens the enterprise" strategy, strengthen headquarters empowerment, accelerate the transformation of research businesses into practical operations, optimize and promote the full-service customer service system, enhance the quality of risk management business operations, continuously strengthen compliance risk management, and promote high-quality development of the company.