On January 30, Gelonghui International Industry (000159.SZ) announced that net profit for 2023 is estimated to be about 90 million yuan, a decrease of about 69.79% over the same period of the previous year, after deducting non-net profit of about 87 million yuan, an increase of about 198.34% over the same period last year.

The main reasons for the change in performance during the reporting period compared to the same period of the previous year: 1. Net profit attributable to shareholders of listed companies was high in the previous year, mainly due to an increase in net transfer income from the transfer of shares in Wanjia Fund Management Co., Ltd., which was an unrecurring profit and loss, and there was no similar income this year; 2. The increase in net profit after deducting non-recurring profit and loss was due to a significant increase in the main business performance of the subsidiary Zhongdajita and Sinopec this year.