Gelonghui, January 29丨Huayang International (002949.SZ) announced the 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 150 million yuan to 175 million yuan, up 33.72%-56.00% from the same period last year; net profit after deducting non-recurring profit and loss was 115 million yuan to 140 million yuan, up 31.88%-60.55% over the same period last year; basic earnings per share were 0.77 yuan/share - 0.89 yuan/share.

Reasons for changes in performance: 1. During the reporting period, the company increased its market expansion efforts, optimized the customer structure, focused on high-quality projects, and strived to reduce the impact of the real estate business cycle on the company's performance; 2. The company strengthened refined management, improved cost control capabilities, continued to dynamically assess budgets for various business segments, and promptly contracted and control inefficient and loss-making business units; 3. The company continued to invest in R&D in the fields of BIM, digitalization, prefabricated construction, etc., to increase the application and promotion of related technologies to improve operational quality and efficiency.