On January 29, Gelonghui Energy Saving (000820.SZ) announced that it expects a net loss of 14 million yuan to 20 million yuan in 2023, deducting non-net loss of 22 million yuan to 31 million yuan, and operating income of 150 million yuan to 190 million yuan.

The pre-loss in performance during the reporting period was mainly due to the fact that the company's profit contribution in 2023 failed to cover the total share payment expenses calculated under the equity incentive plan, resulting in losses. The company's non-recurring profit and loss affected net profit of about 9.36 million yuan in the current period, mainly investment income confirmed by the company's cancellation of the guarantee debt with the Nanjing branch of the Bank of China.