On January 29, Gelonghui Energy (001210.SZ) announced that net profit is expected to be 9 million yuan to 13 million yuan in 2023, down 91% to 86% from the same period last year, after deducting non-net profit of 90 million yuan to 10 million yuan, an increase of 22%-35% over the same period last year.

In 2023, the company purchased the Zhongrong International Trust Co., Ltd.'s “Zhongrong-Yuanrong No. 1 Pooled Fund Trust Plan” totaling RMB 170 million. The products have been overdue and have not yet been paid. Based on the principle of prudence, the company confirmed that the trust product lost 119 million yuan due to changes in fair value. The above categories are non-recurring profit and loss.