Guangdong Hongtu: Net profit in 2023 decreased by 9.2% year-on-year, especially with increased efforts in the development of new energy vehicle business, leading to a year-on-year increase in revenue. Guangdong Hongtu stated that the total operating income in 2023 was 7.615 billion yuan, an increase of 14.13% year-on-year; the net profit attributable to shareholders of the listed company was 423 million yuan, a decrease of 9.20% year-on-year. The company completed the equity transfer of its former controlling subsidiary, Guangdong Baolong Automobile Co., Ltd., in the previous year (2022), which had a positive impact on the performance of the same period last year, resulting in a year-on-year decrease in the net profit attributable to shareholders of the listed company. If the impact of this matter is excluded...
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