On July 9th, Gelunhui, Hengshen New Materials (000782.SZ) released the 2024 semi-annual performance forecast. The net income attributable to shareholders of the listed company is expected to be a loss of 8 million to 12 million yuan, compared to a loss of 50.6989 million yuan in the same period last year. After deducting non-recurring gains and losses, the net income is expected to be a loss of 8.5 million to 12.5 million yuan, compared to a loss of 50.7024 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.01 yuan/share to 0.02 yuan/share.

During the reporting period, due to changes in market demand and fluctuations in raw material prices, the company seized the opportunity to increase production and sales in a timely manner, optimize product structure, quickly enter and exit the market, increase exports, and drive product price increases greater than the increase in costs, resulting in an increase in product gross profit. The gross profit for this period has increased significantly compared to the same period last year, and the loss has significantly narrowed. The company's operating performance has improved to some extent.