On January 16, Glonghui reported that Zhengyuan Digital Geoscience (688509.SH) announced its annual performance forecast for 2024. According to preliminary calculations by the finance department, it is expected that the net income attributable to the owners of the parent company will decrease by 116.5847 million yuan to 176.5847 million yuan compared to the same period last year, down 348.90% to 528.45% year-on-year. The net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to decrease by 118.2187 million yuan to 178.2187 million yuan compared to the same period last year, down 282.95% to 426.55% year-on-year.

During the reporting period, due to the influence of the macroeconomic environment and industry market conditions, some of the company's clients tightened their budgets, project bidding was delayed, and business expansion in some market areas was slow, which led to a year-on-year decrease in the company's revenue. At the same time, insufficient market demand and intensified competition led to a decline in gross margin year-on-year. Although the company has taken multiple measures to reduce costs and improve efficiency, and has continuously increased efforts in cost reduction and expense saving, gross profit has still not fully covered the period expenses. Additionally, due to the failure to meet expected operating receivables, the provision for impairment increased year-on-year, resulting in an overall decline in the company's performance compared to the previous year. During the reporting period, the company increased sales investment, expanded market service scope, continued to explore enterprise-side customer markets, changed marketing models, and sales expenses increased year-on-year; continuous efforts were made to tackle key core technologies, with R&D investment intensity increasing year-on-year.