Gelonghui, January 17 | Tianli Technology (300399.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 36 million yuan to 42 million yuan, an increase of 113.21% to 148.75% over the same period of the previous year; net profit loss after deducting non-recurring profit and loss was 8 million yuan to 10 million yuan, compared to a loss of 798,700 yuan for the same period last year.

The main reasons for the changes in performance during the reporting period are as follows: 1. The company achieved a large increase in net profit due to the company's disposal of some of the partnership's asset shares and the increase in fair value change income of the remaining asset shares of the company's partnerships; 2. The company expects the impact of non-recurring profit and loss on net profit this year to be about 48 million yuan, mainly because the company confirmed the asset share disposal income of the partnerships and the impact of fair value changes; 3. During the reporting period, the company continued to promote cost reduction and efficiency, and achieved certain results. However, various expenses decreased year over year. Increased market competition As an impact, it is expected that the scale of operating income will be similar to that of the previous year, and gross margin will decline.