According to Zhitong Finance App, Fivotai (688371.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 309 million yuan, a year-on-year decrease of 21.91%; net loss attributable to shareholders of listed companies was 41.5524 million yuan, which changed profit and loss from profit to loss over the previous year; net loss attributable to shareholders of listed companies deducted 76.342 million yuan from profit to loss; basic loss per share.

The main reason for the loss in performance was due to the decline in consumer electronics terminal market sentiment and demand, or the adjustment of product protection processes by some consumer electronics manufacturers and the company's continued increase in R&D investment, which combined to reduce net profit attributable to the owners of the parent company.