Gelonghui, Feb. 21 | Longyuan Technology (300105.SZ) announced that it expects net profit of 110 million yuan to 150 million yuan in 2023, an increase of 24.25%-69.44% over the same period of the previous year, after deducting non-net profit of 10,463 million yuan to 14,463 million yuan, an increase of 350.69%-522.99% over the same period last year.

During the reporting period, the company steadily promoted various tasks in accordance with the annual business plan. The company's revenue increased by about 396.389 million yuan over the same period last year, an increase of 54.10%. Gross profit increased by 97.559 million yuan, an increase of 72.84%. During the reporting period, asset disposal revenue decreased by 685.49 million yuan compared to the same period last year, a decrease of 99.84%. Mainly, during the same period last year, the Natural Resources and Planning Bureau of the Yantai Economic and Technological Development Zone completed the collection and storage of land held by the company; this did not happen in this period.