---
title: "KALE ENVIRONMENTAL released its 2024 performance forecast, focusing on new AI business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225714098.md"
description: "KALE ENVIRONMENTAL released its 2024 performance forecast, expecting a net loss of 8-10 million yuan, affected by the slowdown in global economic recovery and reduced demand for its main business. At the same time, the company is actively laying out new AI businesses and has signed a strategic cooperation agreement with Baidu, focusing on smart travel, smart healthcare, and other fields"
datetime: "2025-01-21T15:13:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225714098.md)
  - [en](https://longbridge.com/en/news/225714098.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225714098.md)
generator: "portal-rs"
---

# KALE ENVIRONMENTAL released its 2024 performance forecast, focusing on new AI business

According to the Zhitong Finance APP, on January 21, KALE ENVIRONMENTAL (301070.SZ) released its performance forecast for 2024. During the reporting period, it is expected that the net profit attributable to shareholders of the listed company will be approximately negative 8 to 10 million yuan. Affected by the slowdown in the global economic recovery, the demand for the company's main business, HVLS fan market, has decreased. At the same time, the company is actively laying out new business areas such as AI, and the strategic investments made in advance have somewhat impacted the current profits.

On January 20, the company's subsidiary, Yuzi KALE, announced via its official WeChat account that Zhongyu Chantu Group signed a strategic cooperation agreement with Beijing Baidu Wangxun Technology Co., Ltd. (hereinafter referred to as "Baidu"), focusing on establishing a close and comprehensive cooperative relationship in areas such as smart travel (vehicle-road collaboration, intelligent networking), smart healthcare (medical large models), and the construction of artificial intelligence infrastructure platforms

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**