Summary by Futu AI
Dongyue Group Co., Ltd. (the “Company”) issued an inside announcement on January 26, 2024 announcing its non-wholly-owned subsidiary Shandong Dongyue Organic Silicon Materials Co., Ltd. (“Dongyue Silicones”, stock code: 300821.SZ) forecast financial results for 2023. According to a notice published on the website of the Shenzhen Stock Exchange, the Company's net profit attributable to shareholders for the year ended December 31, 2023 is expected to decrease by approximately 152.83% to 164.56% year-on-year, net profit after non-recurring losses is expected to decrease by approximately 154.81% to 166.56%. THE COMPANY REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS THAT THE NOTICE IS BASED ON THE INTERNAL MANAGEMENT RECORD OF HONGDAKE SILICON AND HAS NOT BEEN AUDITED OR REVIEWED BY EXTERNAL AUDITORS AND SHOULD THEREFORE EXERCISE CAUTION WHEN TRADING AND SELLING THE COMPANY'S SECURITIES AND SHOULD NOT OVER-RELY ON SUCH INFORMATION.