According to the investor relations activity record of Bozhong Precision (688097.SH) on June 7, Gelunhui, the reason for the decline in revenue in the first quarter of 2024 is that the revenue of shipped equipment has not been confirmed in a timely manner. The main reason for the decline in net profit attributable to shareholders is that the project cycle of 3C has been advanced, expenses have been recorded in advance, and the equipment has not yet entered the acceptance period.
In the first half of 2024, the 3C orders are better than the same period last year. Since the second quarter of 2024, the company has accelerated production and delivery for incoming orders. For the shipped equipment, the company is also assisting customers to confirm revenue as soon as possible.