According to Zhitong Finance App News, Nanjing Panda (600775.SH) released its 2023 annual report. The company's revenue was 2,912 billion yuan, down 29.90% from the previous year; net loss attributable to shareholders of listed companies was 238 million yuan, from profit to loss; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of 257 million yuan, which changed from profit to loss; basic loss per share was 0.2603 yuan/share.

The decline in the company's revenue was mainly due to some product restructuring, and the market fell short of expectations; some business delivery cycle adjustments, failure to meet settlement requirements, and revenue costs fell year-on-year; the decline in net profit attributable to shareholders of listed companies mainly fully took into account ENC's great uncertainty about the recovery of other non-current assets. This matter is likely to have a significant impact on the company's long-term equity investment. Given the principle of prudence, the company fully reduced the value of ENC's long-term equity investment in the 2023 financial statements.