Gelonghui, March 20, 丨 Jinbang Da Baojia (03315.HK) announced that for the year ended December 31, 2023, the Group recorded revenue of about RMB 1,417 billion, a year-on-year decrease of about 7.4%, mainly due to insufficient effective demand in the Chinese market. Benefiting from product restructuring and supply chain management optimization, gross profit of about RMB 4201 million was recorded this year, and gross margin increased 3.3 percentage points year-on-year to about 29.7%.

The Group recorded annual profit of approximately RMB 151.2 million, a year-on-year decrease of approximately 6.1%. The Board recommended a final dividend of HK$10.0 cents per common share and a special dividend of HK$4.0 cents per common share for the year ended 31 December 2023.

The total revenue recorded in markets other than mainland China this year was approximately RMB 319.9 million, accounting for about 22.6% of the Group's revenue, and achieved a significant increase of about 27.5% over the previous year.