Gelonghui July 26th 丨Wansheng Intelligence (300882.SZ) announced its 2023 semi-annual performance forecast. Revenue for the reporting period was about 45,000-50,000 yuan, up 59.89%-77.66% from the same period last year; net profit attributable to shareholders of listed companies was about 82 million yuan - 95 million yuan, up 162.07%-203.62% over the same period last year; net profit profit after deducting non-recurring profit and loss was 79.6 million yuan - 92.6 million yuan, up 199.15%-248.0 per share; basic earnings per share increase of 199.15%-248.0 0.40 yuan/share — 0.46 yuan/share.

Reasons for changes in performance:

1. Use the “factory of the future” as an opportunity to strengthen digital management. In January 2023, it was recognized by the Zhejiang Provincial Department of Economy and Information Technology as the “Future Factory of Zhejiang Wansheng Intelligent Electrical Distribution Equipment”. The company's digital management level has been greatly improved, and production efficiency has improved markedly. It not only promotes lean production, reduces costs and increases efficiency, increases production capacity output, and promotes economic efficiency, but quality control has also reached a new level.

2. Improve the main business and actively enrich the coverage of the industrial chain. The company rationally planned the industrial layout, made precise efforts, strengthened and improved the smart metering and information collection industry, strengthened the digital distribution network product development, and continued to increase the research and development and promotion of new products, driving performance growth in the first half of the year.

3. In the reporting period, the impact of non-recurring profit and loss on net profit is estimated to be about 2.4 million yuan, and the impact of non-recurring profit and loss on net profit for the same period last year is 4.68 million yuan.