ShangGong Group announced that it expects the net profit attributable to the owners of the parent company for the year 2024 to be between -195 million yuan and -250 million yuan, indicating a loss compared to the same period last year. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses for the year 2024 will be between -235 million yuan and -290 million yuan. The main reason for the expected loss is the operational losses from the European sewing machine business and the newly acquired ICON-related asset business