On January 26, Gelonghui | Youde Precision (300549.SZ) announced that net profit for 2023 is expected to be 16.23,200 yuan to 19.0858 million yuan, down 43%-33% from the same period last year, after deducting non-net profit of 10.1333 million yuan to 12.3852 million yuan, a decrease of 55%-45% from the same period last year.

Due to intense market competition in the company's industry and the company's strict control of payment recovery risks, the company's operating income and gross profit have declined; at the same time, the company has increased marketing investment to meet future products and business layout, expanding sales channels, and increasing marketing investment.