Huachen Equipment (300809) disclosed its report for the first quarter of 2024 on the evening of April 12. The first quarter achieved operating income of 125 million yuan, an increase of 21.29% over the previous year; realized net profit of 27.1363 million yuan, an increase of 81.14% over the previous year; and basic earnings per share of 0.11 yuan. The company released its 2023 annual report on the same day, and achieved net profit of 118 million yuan in 2023, an increase of 149.41% over the previous year. The company plans to pay a cash dividend of 1 yuan (tax included) for every 10 shares. During the reporting period, with the gradual stabilization of the situation at home and abroad, the domestic machine tool industry showed a positive trend on the basis of gradually maintaining stability.