Hongbo Stocks is projected to sustain losses ranging from 200 million to 299 million yuan in 2024, marking a year-over-year decline of 267.36% to 449.2%. The primary factors contributing to these losses encompass impairments on smart computing servers, liquidated damages incurred due to project delays, competitive market pressures impacting subsidiaries, and a decrease in gains from fair value changes of financial assets. Additionally, non-recurring profits and losses are anticipated to diminish net profit by approximately 22 million yuan.
