On April 15, Ge Longhui | Mingguan New Materials (688560.SH) announced its performance forecast for the first quarter of 2024. It is estimated that the net profit attributable to the owner of the parent company in the first quarter of 2024 will be 60 million yuan to 9 million yuan. Compared with the same period of the previous year (statutory disclosure data), it will decrease by 13.427 million yuan to 10.427 million yuan, a year-on-year decrease of 69.12% to 53.67%. In the first quarter of 2024, net profit attributable to the owners of the parent company after deducting non-recurring profit and loss is expected to be 55 million yuan to 8 million yuan. Compared with the same period last year (statutory disclosure data), it will decrease by 12.3395 million yuan to 9.8395 million yuan, a year-on-year decrease of 69.17% to 55.16%.