On March 28, 2021, Gelonghui (01753.HK) announced its annual results. For the year ended December 31, 2023, the Group recorded total revenue of RMB 1,096.4 billion. The revenue generated by users operating the SaaS platform business increased 15.9% from the same period in 2022 to RMB 191.9 billion. It recorded a profit attributable to the owners of the company's parent company of RMB 30.5 million, and a loss of 45.9 million yuan for the same period last year.

As of December 31, 2023, the number of paying customers using the Group's paid users to operate SaaS services was 693, including 248 financial industry customers (2022:243) and 445 customers from other industries. For the year ended December 31, 2023, the number of new contracts (including renewals) signed by Group users to operate the SaaS platform business reached 368. In 2023, the total value of new contracts signed (including contract renewals) was approximately RMB 89.2 million, and the average cost of each signed contract was approximately RMB 242,000.

Meanwhile, the SaaS platform business operated by users in the second half of 2023 continued to grow compared to the first half of 2023. In the second half of 2023, the total value of new contracts signed (including contract renewals) reached RMB 48.2 million, and revenue generated by users operating the SaaS platform business was RMB 107.3 million, up 17.6% and 26.9% respectively from the first half of 2023. Among them, the total value of new contracts signed with bank customers in the second half of 2023 (including contract renewals) reached RMB 13.2 million, an increase of 6.5% over the first half of 2023.