ST Huatong disclosed the revised performance forecast announcement on the evening of April 11. After the revision, the company estimated net profit for 2024 to be 900 million yuan to 1.2 billion yuan, and previously estimated profit of 1.6 billion yuan to 2.3 billion yuan. The main reason for the performance correction: The company held 693.3094 million shares of a Hong Kong listed company through Changpei. At the end of March 2025, the target company disclosed its audited financial data. The data showed that it had a large loss, and the amount of loss was higher than the company's previous forecast. Furthermore, the comprehensive market performance of new products and existing products released by the target company in the first quarter of 2025 fell short of market expectations.

ST Huatong disclosed the revised performance forecast announcement on the evening of April 11. After the revision, the company estimated net profit for 2024 to be 900 million yuan to 1.2 billion yuan, and previously estimated profit of 1.6 billion yuan to 2.3 billion yuan. The main reason for the performance correction: The company held 693.3094 million shares of a Hong Kong stock listed company through Changpei. At the end of March 2025, the target company disclosed its audited financial data. The data showed that it had a large loss, and the amount of loss was higher than the company's previous forecast. Furthermore, the comprehensive market performance of new products and existing products released by the target company in the first quarter of 2025 fell short of market expectations.