On July 9th, Gelonhui [003011.SZ] published its performance forecast for the first half of 2024. The net income attributable to shareholders of the listed company for the reporting period was 4.5-5.85 million yuan, a year-on-year decrease of 96.73%-97.48%. Net income after deducting non-recurring gains and losses was 4.8-6.15 million yuan, a year-on-year decrease of 96.52%-97.28%. Basic earnings per share was 0.04-0.06 yuan/share.
Due to the impact of US customs requirements for supply chain traceability, the company's performance declined. Based on the principle of prudence and in accordance with the relevant regulations of the Enterprise Accounting Standards, Enterprise Accounting Standard No. 8 - Impairment of Assets, Shenzhen Stock Exchange's No. 1 Regulatory Guidelines for Main Board Listed Companies - Normative Operations of Main Board Listed Companies and the company's accounting policies, the company has fully analyzed, evaluated and tested the fair value, recoverable amount and other aspects of assets such as inventories and some fixed assets in its Vietnamese production base, and has made appropriate provision for impairment of assets, which has impacted the company's total profit for the first half of 2024 with a sum of 53.9275 million yuan (unaudited).