Gelonghui, April 19丨Xinguang Optoelectronics (688011.SH) released its 2023 annual report. In 2023, it achieved total revenue of 162 million yuan, an increase of 8.25% over the previous year. During the reporting period, the company continued to increase R&D investment in its main business areas, leading to an increase in R&D expenses. At the same time, accrued credit impairment losses increased year-on-year as revenue grew and individual customer accounts grew. Net profit attributable to shareholders of listed companies was 39.1679 million yuan throughout the year, a year-on-year decrease of 58.76%.