Gelonghui, April 27丨Xinchao Energy (600777.SH) released its 2023 annual report. In 2023, the company achieved operating income of 8.849 billion yuan, net profit attributable to the parent company of 2,596 billion yuan, net profit after deducting non-recurring profit and loss of 2,696 billion yuan, a weighted average return on net assets of 14.27%, and basic earnings per share of 0.38 yuan. The company's net cash flow from operating activities was RMB 7.158 billion, the balance of cash and cash equivalents at the end of the year was RMB 2,394 million, and the net increase in cash and cash equivalents for the year was RMB 918 million.