Gelonghui, January 26丨Harbin Electric (01133.HK) issued an announcement. It is expected that the company will record net profit attributable to owners of the parent company in fiscal year 2023 of approximately RMB 550 million (approximately RMB 99 million in the same period of the previous year), a significant increase over the same period last year. The main reason is that the company achieved positive results in vigorous market development, and operating income increased significantly compared to the same period last year. At the same time, the company transferred 51% of Harbin Electric Power Equipment Co., Ltd.'s shares to form a certain return on investment.