On the evening of April 24, Guanghong Holdings released its 2023 annual report and the first quarterly report of 2024. The report shows that the company achieved operating income of 27% in 2023.Holdem90 billion yuan, an increase of 9.28 percent over the same period last year, excluding factors such as educational bookstores and restructuring gains brought about by competition in the same industry.HoldemThe net profit of returning to the mother was 213 million yuan, excluding the effects of educational bookstores and restructuring income, an increase of 14.01% over the same period last year. As of December 31, 2023, the company's total assets were 7.002 billion yuan, an increase of 22.31% over the end of 2022, and the net assets belonging to shareholders of listed companies were 3.138 billion yuan, an increase of 4.16% over the end of 2022. In the first quarter of 2024, Guanghong Holdings achieved revenue of 556 million yuan.

holdem| Multiple sectors collaborate to achieve revenue of 2.79 billion yuan in 2023

Guanghong Holdings has always been deeply engaged in Guangdong-Hong Kong-Macau Greater Bay Area's important areas of livelihood services, focusing on building a large food industry integrating livestock and poultry breeding and food cold chain. In 2023, the company will deeply implement the strategic goal of the "1213-year Plan", focus on one direction of the food industry, deeply cultivate the two major business sectors of "food cold chain and livestock and poultry farming", and pay close attention to the main line of "improving quality and efficiency". Strive for "industrial scale, management quality, scientific and technological innovation" three major breakthroughs, business development has made steady progress.

In the food sector, Guanghong Holdings with its unique "cold storage + market" business model, continue to improve service quality and efficiency, enhance market competitiveness. As of December 2023, the company's self-operated and managed cold storage capacity exceeded 80, 000 tons, with an annual throughput of nearly 1 million tons. Guangdong Guanghong Food Group Co., Ltd., a subsidiary of the company, has been ploughing cold chain warehousing services for more than 60 years. The company is in the forefront of its counterparts in the country in terms of cold storage utilization, commodity throughput, cold storage technology, management and profitability, and its business performance is growing step by step.

In the agriculture and animal husbandry sector, the company continues to improve the core competitiveness of livestock and poultry breeding business through self-breeding and self-breeding pigs and chickens. Its subsidiary Huizhou Guangfeng Agriculture and Animal Husbandry Company is not only recognized as the national core pig breeding farm, but also won the honors of "national pig pseudo-rabies purification farm" and "modern beautiful pasture of Guangdong Province". The company's pig products have good performance and strong disease resistance, and have been among the best in the pig performance test competition for many years in a row.

Looking forward to 2024, the company said that it will take the large food industry with livestock and poultry breeding and food cold chain as the core, vigorously enhance the production capacity of green food and the core competitiveness of the seed industry, actively distribute the food industry, and strengthen capital operation. to achieve high-quality development of the green food industry.