According to the Zhitong Finance App, Huitongda Network (09878) announced its 2023 results, achieving total revenue of RMB 82.43 billion, an increase of 0.4%; realized net profit of RMB 697 million, an increase of 25% over the previous year; and the company's equity holders should account for profit of RMB 448 million, an increase of 42% over the previous year. Operating cash flow is currently flowing in at RMB 470 million, and has been flowing in for 5 consecutive years.

Among them, the trading business segment achieved overall sales revenue of RMB 81.62 billion. The Group continues to promote leading brand cooperation, accelerate the integration of its own brand building and production and marketing, and at the same time carry out online and offline omni-channel layout to achieve breakthroughs and innovations. In terms of brand cooperation, the Group has strengthened cooperation with well-known upstream brands in consumer electronics, home appliances, agricultural production materials, transportation, alcohol, cleaning, etc.; in terms of its own brands, the integrated production and marketing model has achieved breakthroughs, such as “Zhonghuida” air conditioning in the home appliance industry and “Huizong” chemical fertilizer in the agricultural production materials industry; in terms of omni-channel layout, the Group has cooperated with landmark chain enterprises such as Shandong Sanlian, etc., to form an online and offline omni-channel layout.

During the reporting period, the Group continued to deepen member retail store services, with a cumulative total of 237,000 registered member stores, an increase of 15% over the previous year; the number of SaaS+ subscribers was 132,000, an increase of 16% over the previous year; and the number of paid SaaS+ subscribers was 48,000, an increase of 61% over the previous year.