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On January 18, PCCOOLER unveiled its annual performance forecast for 2024, highlighting that the heightened competition within the lithium-ion battery material industry, its primary business area, coupled with a demand growth rate that fell short of projections, has exerted pressure on product pricing and resulted in a gross profit decline. The company anticipates a net loss attributable to shareholders of listed companies to be in the range of RMB 320 million to RMB 390 million, marking an increase from the RMB 241 million loss recorded in the corresponding period last year. Additionally, after deducting non-recurring gains and losses, the net loss is expected to lie between RMB 320 million and RMB 390 million, surpassing the RMB 247 million loss observed in the same period of the previous year.
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