Gelonghui, January 30 | Zhongtian Hardcover (002989.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 4.8 million yuan to 7.2 million yuan, down 89.31%-92.87% from the same period last year; net profit loss after deducting non-recurring profit and loss was 11.2 million yuan to 16.8 million yuan, profit for the same period last year; basic earnings per share was 0.03 yuan/share — 0.04 yuan/share.

The main reasons for the changes in the company's performance during the reporting period are as follows: 1. Market demand declined, taking into account financial security; 2. Industry competition intensified and the gross margin of the company's projects declined; 3. According to the preliminary opinions of asset evaluation agencies hired by the company, based on the principle of prudence, the company plans to calculate impairment preparations for assets with signs of impairment. The final amount of impairment will be determined after evaluation and audit by the evaluation agency and accounting firm hired by the company.