Financial Services Association, Feb. 2 (Editor Ping Fang) The A-share annual report market is in full swing this week. The day after the announcement of the pre-performance increase, Eurocom responded with a 20CM rise and stop. China Malaysia Transmission closed on Friday and Letong shares closed with 2 consecutive boards on Thursday. Zhejiang Shibao, Beauty Makeup, Yijiahe, Times Publishing, Great Wall Technology, and Chunfeng Power rose and stopped.

According to incomplete statistics from the Financial Federation, as of press release, a total of 2,785 A-share listed companies have issued full-year performance forecasts for 2023. The net profit of 8 of these shares exceeded the upper limit of 3000% year-on-year, namely Lijiang Co., Ltd., Huicheng Environmental Protection, Huadian International, Ganneng Co., Ltd., Three Gorges Travel, Wuhan Holdings, Jiangsu Guoxin, and Longxi shares. See the chart below for details:

Looking specifically at individual stocks, Lijiang Co., Ltd. and Huicheng Environmental Protection led the way with a performance growth rate of up to 60 times. Huicheng Environmental Protection announced that net profit in 2023 is expected to be 136 million yuan to 156 million yuan, an increase of 5398.06%-6206.60% over the previous year. According to estimates, net profit for Q4 is expected to be 0-0.2 billion yuan, a decrease of 60%-100% from the previous month. The company said that the release of production capacity for new projects has led to a significant increase in the company's 2023 performance compared to the same period last year. The company's 40,000 tons/year FCC catalytic new material project (phase 1) was officially put into operation in February 2023; the 30,000 tons/year FCC catalytic device solid waste recycling and utilization project was officially put into operation in April 2023; and the petroleum coke hydrogen ash comprehensive utilization project was put into operation in December 2022.

Huadian International followed with a performance growth rate of up to 48 times. The company expects net profit of about 4.15 billion yuan to 4.98 billion yuan in 2023, with a year-on-year increase of 3478% to 4193% after the restatement. The company said that the advance increase in business performance in 2023 was mainly affected by a combination of falling fuel prices, the contribution of new production projects to incremental benefits, and a decrease in investment income from participating coal companies. Yan Jiayuan of Minsheng Securities said in a research report on January 30 that with the decline in coal prices, the company's thermal power sector performance is expected to continue to improve in 2024; Huadian Xinneng, which participated in the shares, is expected to continue to improve; the rapid development and release of performance, investment income is still a safety cushion for the company's profits.

20CM rose and stopped the day after Eurocom disclosed pre-market earnings announcements on Monday. The company expects net profit to be 180 million yuan to 200 million yuan in 2023, an increase of 99.63%-121.82% over the previous year. Eurolink stated in the announcement that the main reason for the advance increase in performance was the impact of non-operating profit and loss. The impact of non-recurring profit and loss on the company's net profit during the reporting period was about 131 million yuan, mainly due to the divestment of AEON's shares to confirm investment income, cancellation of the equity incentive plan in the current period to accelerate confirmation of share payments, and receipt of government grants. Everbright Securities Hegen and Liu Kai said in a research report on January 30 that in the context of the consumer electronics sector, which is expected to gradually recover and the AI wave accelerates development, the company is focusing on the power adapter and server power supply business, and future development can be expected.

After disclosing the pre-performance increase announcement on Monday, China Malaysia Transmission closed and won 4 consecutive boards on Friday. The company expects net profit to be returned to mother of 69 million yuan to 79 million yuan in 2023, an increase of 63.33% to 87.01% over the same period last year. China Malaysia Transmission stated in the announcement that the main reasons for the changes in the company's performance are: the company's product sales structure has been adjusted, the sales volume of export products has increased, and the gross margin of export products is higher; in 2023, the purchase price of the company's raw materials has decreased compared to 2022, and the profit level has increased.

Letong Co., Ltd., Yijiahe, and Liren Beauty all announced after the market on Tuesday that they expect to turn a loss into a profit in 2023. Among them, Letong Co., Ltd. closed the market on Thursday and the company expects net profit from 3.3 million yuan to 4.9 million yuan in 2023, turning a loss into a profit. Yijiahe and Liren Beauty both closed higher and lower on Wednesday. Yijiahe expects net profit of 35 million yuan to 52 million yuan in 2023. In 2023, the company's revenue in the power grid industry increased compared to 2022, and the company's new product business, such as shared charging systems, commercial cleaning robots, and rail transit industry robots, began to generate large-scale revenue in 2023, and the company's overall gross profit increased compared to 2022. Beauty Beauty expects net profit of 28 million yuan to 35 million yuan in 2023, mainly due to the company's emerging channel business growth, smooth progress in incubating brands, improved inventory structure, and overall cost control.

Zhejiang Shibao closed higher or lower the next day after disclosing results on Monday. The company expects net profit of 75 million yuan to 85 million yuan in 2023, an increase of 373.98%-437.17% over the previous year. During the reporting period, benefiting from the overall good performance of the automotive industry, sales of the company's hydraulic recirculating ball steering gear and electric power steering system products increased. At the same time, mass production of new products such as intelligent electric recirculating ball steering, intelligent electrohydraulic circulation ball steering, tube columns, and intermediate shafts began one after another, bringing new revenue sources to the company, increasing revenue and improving gross margin, and the company's net profit increased sharply year-on-year.