On January 30, Gelonghui (002330.SZ) announced that it expects a net loss of 13 million yuan to 10 million yuan in 2023, after deducting a non-net loss of 28.8 million yuan to 25.8 million yuan.

During the reporting period, the company's revenue increased slightly compared to the same period last year. The overall gross margin decreased by about 0.33% compared to the same period last year, affecting the gross profit amount of about 10 million yuan, and the profit level fell sharply. During the reporting period, consumption in the terminal market was relatively sluggish and competition was fierce. The company increased market development and promotion efforts, and sales expenses increased by about 12 million yuan, but the market development situation fell short of expectations, leading to a decline in net profit.