Xiangfeng Group (XXF) announced audited consolidated annual results for the year ended 31 December 2023, showing revenue of RMB1,304.3 million, up 14.3% year-on-year; gross profit of RMB419.0 million, up 11.9% year-on-year; profit before income tax was RMB129.8 million, up year-on-year Increased 41.5%; year-on-year profit was RMB109.8 million, up 42.5% year-on-year. The company's owners accounted for a profit of RMB110.3 million, an increase of 39.7% year-on-year. The results reflected growth in the company's automotive retail and finance leasing businesses, as well as revenue increases in operating leases and other automotive related services. The company was successfully listed on the main board of the HKEX on 9 November 2023 and submitted a satisfactory answer during the reporting period. In the future, the company will continue to cultivate the automotive service industry, enhance brand value and impact, and provide users with more comprehensive, higher quality, and more professional vehicle services.

Xiangfeng Group (XXF) announced audited consolidated annual results for the year ended 31 December 2023, showing revenue of RMB1,304.3 million, up 14.3% year-on-year; gross profit of RMB419.0 million, up 11.9% year-on-year; profit before income tax was RMB129.8 million, up year-on-year Increased 41.5%; year-on-year profit was RMB109.8 million, up 42.5% year-on-year. The company's owners accounted for a profit of RMB110.3 million, an increase of 39.7% year-on-year. The results reflected growth in the company's automotive retail and finance leasing businesses, as well as revenue increases in operating leases and other automotive related services. The company was successfully listed on the main board of the HKEX on 9 November 2023 and submitted a satisfactory answer during the reporting period. In the future, the company will continue to cultivate the automotive service industry, enhance brand value and impact, and provide users with more comprehensive, higher quality, and more professional vehicle services.