Gelonghui, January 31 | Lianchuang Co., Ltd. (300343.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 9 million yuan to 13 million yuan, down 98.84%-98.32% from the same period last year; net profit profit after deducting non-recurring profit and loss was 2.5 million yuan to 6.5 million yuan, down 99.61% to 98.99% from the same period last year.
The main reasons for the year-on-year decline in the company's 2023 business performance were as follows: 1. During the reporting period, the lithium battery and energy storage industry was affected by downstream consumer demand falling short of expectations. Demand for new upstream lithium battery materials slowed significantly lower than expected during the reporting period, and the sales prices of major products were far lower than the average for the same period last year, leading to a sharp drop in the company's sales revenue; in addition, due to the impact of the capacity utilization rate of some products, the company's fixed operating costs increased. 2. During the reporting period, share payments of 24 million yuan are expected to be incurred as a result of the implementation of confirmed equity incentives. 3. The estimated amount of non-recurring profit and loss during the reporting period is about 6.5 million yuan, mainly government subsidies and deferred revenue recognition amounts received during the reporting period.