GSPG expects a net loss of 210 million to 240 million yuan in 2024 and may face delisting risk warnings

According to the Zhitong Finance APP, GSPG (600753.SH) announced that it expects to achieve a total profit of -220 million yuan to -190 million yuan in 2024, with a net profit attributable to shareholders of the listed company of -240 million yuan to -210 million yuan, and a net profit attributable to the parent company after deducting non-recurring gains and losses of -260 million yuan to -220 million yuan.

The company expects to achieve an operating income of 400 million yuan to 440 million yuan in 2024, with an operating income of 220 million yuan to 260 million yuan after deducting income unrelated to its main business and income without commercial substance, which is below 300 million yuan.

If the audited total profit, net profit, or the lowest net profit after deducting non-recurring gains and losses for the 2024 fiscal year is negative, and the operating income after deducting income unrelated to its main business and income without commercial substance is below 300 million yuan, it will trigger the delisting risk warning provisions under Article 9.3.2 of the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2024)," which states that "if the audited total profit, net profit, or the lowest net profit after deducting non-recurring gains and losses for the most recent fiscal year is negative and the operating income is below 300 million yuan, or if the retrospective restatement of the most recent fiscal year's total profit, net profit, or the lowest net profit after deducting non-recurring gains and losses is negative and the operating income is below 300 million yuan," the company's stock may be subject to delisting risk warning by the Shanghai Stock Exchange after the disclosure of the 2024 annual report (with "*ST" added before the company's stock abbreviation)