Gelonghui, January 29丨Anlu Technology (688107.SH) announced that the annual revenue for 2023 is estimated to be about RMB 65,000,000 to RMB 75,000,000, a decrease of 392.092 million yuan to 292.092 million yuan compared with the same period of the previous year (statutory disclosure data), a year-on-year decrease of 37.62% to 28.02%; net profit attributable to owners of the parent company is expected to achieve a loss in 2023 compared with the same period last year (legally disclosed data), to achieve a net loss attributable to owners of the parent company The profit is approximately RMB 225.0 million to -175.0 million yuan; net profit attributable to the owners of the parent company after deducting non-recurring profit and loss is expected to be approximately RMB 250.6 million to -206.0 million yuan in 2023.

In 2023, mainly affected by the terminal market demand cycle and the downstream industry inventory clean-up cycle, the company's overall product shipments declined compared to the same period of the previous year, leading to a decrease in revenue compared to the same period of the previous year. Adhering to the concept of further enriching the company's product sequence and covering more downstream application areas, the company continued to increase investment in product development and team building during the reporting period, and R&D expenses increased significantly. At the same time, the net profit attributable to the owner of the parent company and net profit attributable to the owners of the parent company after deducting non-recurring profit and loss during the reporting period decreased compared to the same period last year. The company's management believes that this continuous investment in R&D will have a positive impact on the company's medium- to long-term revenue and profits.