Gelonghui, May 31, 丨 Huading Holdings (03398.HK) announced that for the year ended 31 December 2023, the Group's revenue was HK$1,663 billion, a slight decrease of 5.4% from 2022. The loss attributable to the company's equity holders was HK$360 million, while the net asset value per share as at 31 December 2023 was HK$0.95.

The Group has also seen new changes in export trade data for 2023. There was a major adjustment in China's share of the clothing category market in 2023. More than 50% of the export trade share is for Belt and Road countries, mainly countries such as Russia, Singapore, and Saudi Arabia. A new export market has been formed, and the Group will continue to strive to adapt to market changes and develop new trading partners and global markets.

The Group's retail business in 2024 will further focus on segmented areas, focusing on key projects, especially sportswear, new Chinese apparel, and eco-friendly clothing. At the same time, the Group will further enhance the application of digital technology and promote innovation in the Group's retail model.