According to the Zhitong Finance App, Qingdao Jinwang (002094.SZ) released its 2023 annual report. During the reporting period, the company achieved revenue of 2,509 billion yuan, a year-on-year decrease of 14.99%. Achieved net profit of 10.42226 million yuan attributable to shareholders of listed companies. Net loss attributable to shareholders of the listed company after deducting non-recurring profit and loss was $8,536,900. Basic earnings per share were $0.02.

Facing the severe and complex economic situation, in terms of the new material candle and aromatherapy products business, the company has improved production efficiency and reduced production costs through intelligent and information-based transformation and upgrading of production lines. At the same time, it has continuously increased R&D efforts and developed new products to meet the differentiated needs of different customers for products. Furthermore, in line with the growing demand for home aromatherapy in the domestic market, the company is also actively exploring the domestic market, developing aromatherapy products that meet domestic consumer needs, and is deployed on various online platforms such as Tmall, Xiaohongshu, Douyin, and Watsons. As the contact-based social scene increases, consumer confidence is picking up, and the consumption scenario is gradually expanding to offline channels.