Gelonghui, Feb. 26: Yuxin Technology (300674.SZ) announced its 2023 annual results report. Total operating revenue was 5,203,702,275.14 yuan, up 21.45% year on year. Net profit attributable to shareholders of listed companies was 323,279,888.27 yuan, up 27.79% year on year. As an industry-leading fintech company, benefiting from the acceleration of the national IT application innovation industry development strategy in the financial industry and the comprehensive development of digital transformation in the banking industry, the company's revenue continued to grow steadily. During the reporting period, the company's revenue increased 21.45% over the previous year. Among them, Xinchuang's integrated business revenue increased 77.47% year on year. The gross margin of the company's software development business increased by 1.71 percentage points year-on-year during the reporting period, mainly because the company continued to increase investment in R&D, improve the standardization level of the company's products, improve the customized implementation process, and focus on improving the efficiency and quality of the software development business, which gradually increased the gross margin of the software development business during the reporting period.