Gelonghui, January 31 | ST E-Lianzhong (300096.SZ) disclosed the 2023 annual results forecast. During the reporting period, it expects operating income of 650 million yuan to 840 million yuan, net profit attributable to shareholders of listed companies of 35 million yuan to 45 million yuan, and a loss of 319.813 million yuan for the same period last year.

Explanation of reasons for changes in performance

1. As an overall solution provider for people's livelihood informatization, medical security informatization and medical informatization industries, the company continues to focus on building a full range of overall solutions and product and technical service systems around people's livelihood fields such as human resources and social security, medical security, and health care. During the reporting period, the company further concentrated resources to focus on the development of the main business, strengthen the level of refinement of business management and operation management, improve the efficiency of project construction implementation and acceptance, and the company's revenue increased year-on-year.

2. During the reporting period, the company continued to promote cost reduction and efficiency, and strengthened cost control, resulting in a significant reduction in the company's net loss after deducting non-recurring profit and loss compared to the same period last year.

3. The amount of impact of the company's non-recurring profit and loss in 2023 on net profit was approximately RMB 17,000-220 million (after income tax), mainly due to the disposal of 13.5% of the shares of Haibao Life Insurance Co., Ltd. and 56.52% of Xiamen Yilianzhong Yihui Technology Co., Ltd.