On January 25, Ge Longhui Technology (003007.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 77.00 million yuan - 83.0 million yuan, an increase of 99.85%-115.42% over the same period of the previous year; net profit profit after deducting non-recurring profit and loss was 13 million yuan - 19.00 million yuan, down 18.57% -44.29% from the same period last year; basic profit per share was 0.76 yuan/share - 0.82 yuan/share.

During the reporting period, the company further focused on building a high-level self-intelligent network, strengthening technological innovation, digging deeper into potential needs, improving customer satisfaction, and consolidating its position as a core supplier in the mobile OSS field in China. At the same time, some progress has been made in product development and marketing for new businesses.

The sale of subsidiary shares in this period confirms investment income and deducts depreciation on long-term equity investments in joint ventures. During the reporting period, the impact of the above matters on net profit attributable to shareholders of listed companies is estimated to be 37 million yuan to 41 million yuan. Among them, the sale of subsidiary shares confirms that investment income is a non-recurring profit and loss item.