Gelonghui, January 25丨Fangzheng Technology (600601.SH) announced the 2023 annual results pre-profit announcement. According to preliminary estimates by the finance department, it is estimated that net profit attributable to shareholders of listed companies in 2023 will be 120 million yuan to 140 million yuan. Compared with the same period last year, it will turn a loss into a profit. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss is expected to be between RMB 88 million and RMB 106 million in 2023.

The company properly mitigated the company's debt risk through bankruptcy and restructuring, reduced the company's debt ratio, and drastically reduced financial expenses over the same period last year. In an unfavorable industry environment where the PCB market is declining in 2023 and demand is weak, the company combined customer needs and product structure to increase investment in the PCB business to steadily increase high-end HDI production capacity; increase market expansion efforts and actively obtain customer orders; promote fine management, reduce overall costs and increase efficiency, and ensure the healthy and steady operation of the company's operations.