Gelonghui, March 21丨Beijing Beichen Industrial Co., Ltd. (00588.HK) announced that for the 2023 annual results, the group's revenue was RMB 15.75 billion, an increase of 21.27% over the previous year. The profit attributable to the Group's common shareholders for the year ended 31 December 2023 was RMB 140 million, turning a loss into a profit. The Board of Directors recommended a final dividend of RMB 0.02 per share for the year ended 31 December 2023 (2022: RMB 0.00 per share).

The company will continue to strengthen its confidence in development, coordinate high-quality development and a high level of safety, comprehensively assist the capital in the construction of an international exchange center, promote the digital transformation of the industry, accelerate the construction of a new industrial pattern with mutual support, complementary advantages and collaborative development, and focus on promoting the company's high-quality development.

The company will continue to strengthen overall coordination, adhere to risk prevention and safety, and stabilize the basic market for high-quality development. Strengthen analysis and judgment, keep an eye on industry changes and changes in the situation, act proactively, respond to the uncertainty of external changes with one's own certainty, and ensure a smooth transition through the industry cycle. Optimize product supply, meet market demand, focus on improving the core competitiveness of products, and build characteristic real estate brands. Improve the level of operation management, improve the compliance and internal control system, and strengthen risk management and control throughout the process; strengthen quality inspection, consolidate safety responsibilities to ensure timely and smooth delivery of projects; increase sales repayment efforts to ensure a virtuous cycle of income and expenditure; improve asset holding and enhance asset value; carry out high-quality land plot research to reasonably control the scale of land storage. Innovate development models, deepen research on investment standards and corresponding supporting implementation measures for the “Exhibition+Real Estate” project, and continue to promote industrial transformation and upgrading around the construction of an international consumer center city in Beijing.