Gelonghui, March 1, 丨 Guoli Co., Ltd. (688103.SH) recently said during a survey reception from institutional investors that in an environment where economic growth is slowing down, judging from the electronic components industry as a whole, most companies have experienced a slowdown or even decline this year. The overall business situation of the company was relatively stable in 2023, and the company is currently at a critical stage of increasing its business scale and market share.
The main reasons for the decline in the company's net profit in 2023 are as follows: the company increased depreciation expenses after the IPO fundraising project reached the scheduled state of use; during the reporting period, in order to maintain the company's competitive advantage in the market, the company took many measures to increase investment in R&D, continue to enrich and optimize product categories and structures, and introduce high-end talents, which led to an increase in the company's R&D expenses and operating costs; the company issued 4800 million yuan of convertible corporate bonds to unspecified targets, accruing interest according to actual interest rates, leading to an increase in financial expenses.
The company promotes the development of the company's performance through continuous innovation drive, industry-leading quality control, rich product portfolio and solutions, and customer-centered marketing model. The company is currently operating normally. For details, please pay attention to the company's subsequent 2023 annual report publicly disclosed on the Shanghai Stock Exchange website.