Gelonghui, January 25丨Mingyang Electric (301291.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 45,000,000 yuan to 50,000,000 yuan, an increase of 69.63%-88.47% over the same period of the previous year; net profit profit after deducting non-recurring profit and loss was 44,1917,800 yuan - 491.78 million yuan, an increase of 72.13% to 91.60% over the same period last year.
The main reasons for the increase in net profit attributable to shareholders of listed companies during the reporting period compared to the same period last year are as follows:
1. Under the background of countries accelerating the transition to clean, low-carbon new energy sources and the “dual carbon” goal, the domestic new energy industry has maintained a rapid growth trend. As a leading domestic provider of intelligent electrical solutions in the field of new energy, the company drives the company's business development and upgrading through continuous research and innovation, deepens and expands customer partnerships with reliable product quality and efficient response mechanisms, and relies on rich manufacturing experience to ensure efficient production and supply, and has promoted rapid growth in core product revenue and profit scale.
2. The company has continuously improved its refined operation capabilities, continuously implemented cost reduction and efficiency measures, strengthened cost control, and further enhanced the company's overall profitability.
3. The estimated impact of the company's non-recurring profit and loss in 2023 on the company's net profit is approximately RMB 8.0822 million, mainly due to government subsidies received by the company in 2023 being included in other income, etc.