According to the Zhitong Finance APP, SDWH (600241.SH) released its annual report for 2024, showing that the company's operating revenue was 401 million yuan, a year-on-year decrease of 38.69%. The net profit attributable to shareholders of the listed company was 19.3829 million yuan, a year-on-year decrease of 68.03%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 18.3964 million yuan, a year-on-year decrease of 68.71%. The basic earnings per share were 0.07 yuan.

During the reporting period, the lithium battery business faced multiple challenges, leading to a decline in performance. Affected by economic cycle fluctuations, a temporary downturn in the downstream consumer market, customer inventory cycles, and competition among peers, customers were cautious in placing orders, resulting in a decrease in orders; to mitigate accounts receivable risks, the company proactively reduced supply to certain customers, which affected sales scale to some extent; the decline in upstream raw material prices was transmitted to the battery manufacturing end, leading to a decrease in product prices in line with costs, further compressing revenue scale