On July 9th, Gelonhui reported that Zhejiang Sanfer Electric (605336.SH) will announce its half-year performance expectations in 2024. According to preliminary estimates by the company's finance department, it is expected to achieve a net income attributable to the owner of the parent company of 35 million yuan to 42 million yuan in the first half of 2024, a decrease of 71.7902 million yuan to 78.7902 million yuan compared to the same period last year, a year-on-year decrease of 63.09% to 69.24%.

It is expected to achieve a net income attributable to the owner of the parent company, after deducting non-recurring gains and losses, of 27 million yuan to 33 million yuan in the first half of 2024, a decrease of 69.5819 million yuan to 75.5819 million yuan compared to the same period last year, a year-on-year decrease of 67.83% to 73.68%.