Hongchuang Holdings announced that in the first half of 2023, revenue was 1.331 billion yuan, a year-on-year decrease of 32.70%; net profit attributable to shareholders of listed companies was -473.092 million yuan, a year-on-year decrease of 315.78%. Since 2023, the recovery of new orders for terminal demand in the domestic aluminum processing industry has been slow, and downstream demand has not met expectations due to the continued sluggishness of major aluminum consumption fields such as real estate, construction and automobiles.
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