Gelonghui, January 26丨Chu Tianlong (003040.SZ) announced the 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 65 million yuan to 91 million yuan, down 45.18% — 60.84% from the same period last year; net profit profit after deducting non-recurring profit and loss was 58.9 million yuan - 84.9 million yuan, down 49.19% — 64.75% from the same period last year; basic earnings per share were 0.14 yuan/share — 0.20 yuan/share.

The company's 2023 performance declined compared to the same period last year, mainly due to fluctuations in market demand for some products, and product sales and gross profit declined by a certain margin; at the same time, the company continued to increase investment in R&D, promote the evolution, iteration and application promotion of digital renminbi-related products and technologies and digital security solutions, and increase R&D expenses for projects such as the Internet of Things, Internet of Vehicles products and applications, and self-service integrated solutions. R&D expenses increased year-on-year, and the company's net profit attributable to shareholders of listed companies declined year-on-year.