Gelonghui, April 23 | Yaguang Technology (300123.SZ) disclosed its 2023 annual report. During the reporting period, the company achieved operating revenue of 1,589 billion yuan, down 5.79% from the same period last year, mainly due to a decrease in electronic components trade revenue and scientific research revenue from other business revenues. Net profit attributable to shareholders of listed companies during the reporting period was -283 million yuan, a year-on-year decrease of 918 million yuan. The military electronics business revenue was 1,214 billion yuan, a year-on-year decrease of 1.23% due to delays in acceptance of some military projects. The share of sales of high-margin products increased during the reporting period, and the gross margin of the military electronics business increased, and overall profitability improved. The operating income of the boat business during the reporting period was 334 million yuan, which is basically the same as the previous year; due to factors such as continued losses in the boat business and idle asset disposal plans, various impairment losses totaled 174 million yuan during the reporting period.