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Changying Precision anticipates a substantial leap in its net profit attributable to shareholders of the listed company, expected to range between RMB 700 million and RMB 820 million in 2024. This represents a year-on-year (YoY) increase of 716.78% to 856.79%, primarily fueled by the robust recovery in the consumer electronics and new energy markets. During the first three quarters of 2024, the company achieved a record-high revenue of RMB 12.097 billion. Additionally, the net profit after excluding non-recurring profits and losses is projected to be between RMB 460 million and RMB 580 million, marking a YoY growth of over 23 times. It is important to note that this performance forecast is a preliminary estimate and has yet to undergo auditing.
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