Delixi New Energy Technology (603032.SH) announced on October 14th that, according to the preliminary calculation by the company's finance department, it is expected to achieve a net income attributable to the owners of the parent company of 14 million yuan to 18 million yuan in the first three quarters of 2024. This represents a decrease of 143.0105 million yuan to 139.0105 million yuan compared to the same period last year, a year-on-year decrease of 91.08% to 88.54%. It is expected that the net income attributable to the owners of the parent company, excluding non-recurring gains and losses, in the first three quarters of 2024 will be -8 million yuan to -5 million yuan, representing a decrease of 160.6702 million yuan to 157.6702 million yuan compared to the same period last year, a year-on-year decline of 105.24% to 103.28%.

During the reporting period, the company is still facing intense competition in the new energy market. Due to industry cycles and downstream price wars, the sales of the company's molds and cutting tools have experienced a certain decline. In addition to the impact of industry overcapacity, intensified competition, and other multiple factors, the company's business scale, order prices, and order volumes have all experienced a certain degree of decline. This has somewhat squeezed profit margins and led to a decrease in the company's profitability.