On April 25, Ge Longhui | Weiteng Electric (688226.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 2,848 billion yuan, an increase of 74.03% over the same period last year; net profit attributable to shareholders of listed companies was 120 million yuan, an increase of 72.30% over the same period last year. In 2023, net profit attributable to shareholders of listed companies increased by 87.37% over the same period last year due to the implementation of a restricted stock incentive plan to cover share payments. If the impact of this matter is excluded, At the same time, the company optimized its business layout and continued to increase investment in the development of new products. During the reporting period, R&D expenses were 91.9851 million yuan, an increase of 54.74% over the previous period. It is proposed to distribute a cash dividend of 2.34 yuan (tax included) for every 10 shares to all shareholders.