Gelonghui, January 29丨Heshun Technology (301237.SZ) announced that net profit for 2023 is expected to be 14 million yuan to 16 million yuan, down 78.58%-75.52% from the same period last year, after deducting non-net profit of 3.5 million yuan to 4.5 million yuan, down 93.50%-91.64% from the same period last year.

During the reporting period, due to factors such as insufficient demand and slow recovery in terminal markets such as the 3C sector in consumer electronics, the company's product sales volume declined and sales prices fell, leading to a decline in sales revenue. Furthermore, due to rising product costs, the overall gross margin of the company's products declined year-on-year. Affected by falling product prices, some inventories showed signs of depreciation. Based on the principle of prudence, the company calculated corresponding inventory price reduction preparations in accordance with the relevant provisions of accounting standards. Asset impairment losses increased compared to the same period last year, leading to a decline in operating profit.