Zhitong Financial APP News, Fashilong (605318.SH) issued an announcement that the company expects to achieve a net profit of 12.18 million yuan to 16.44 million yuan for shareholders of listed companies in 2022, a decrease of 42.3324 million yuan to 46.5924 million yuan compared with the same period last year, and a decrease of 72.03% to 79.28% compared with the same period last year.

In 2022, in order to speed up the construction of sales channels, the company increased the input of marketing personnel, resulting in the rapid growth of sales expenses and management expenses, but due to the impact of the epidemic and the highly uncertain external business environment, the expansion of the channel is not as expected, which leads to the slow growth of operating income, so it has a certain adverse impact on the company's annual net profit.