Hongmian Zhihui Science and Technology Innovation (000523.SZ) announced the performance forecast for the first half of 2024, with a net income attributable to shareholders of the listed company of 30 million yuan to 45 million yuan, an increase of 116% to 224% from the same period last year; after deducting non-recurring gains and losses, the net income was 35 million yuan to 52.5 million yuan, an increase of 349% to 574% from the same period last year; and a basic earnings per share of 0.0163 yuan/share - 0.0245 yuan/share.
In August 2023, the company completed the asset replacement process with its controlling shareholder, Guangzhou Light Industry & Trade Group Co., Ltd., and no longer operates the daily chemical business, instead transforming to develop and operate food and beverage and cultural and creative industrial parks. The main reasons for the year-on-year growth of the company's operating performance in the first half of 2024 are as follows: 1. During the reporting period, the food and beverage sector of the company maintained stable growth, on the one hand, by continuously optimizing production processes, promoting energy saving and consumption reduction, improving production efficiency, and at the same time deepening market operations, actively participating in food exhibitions such as sugar food, comprehensively enhancing brand awareness. On the other hand, steadily promoting and improving the construction of new product matrices, launching new products such as golden sugar, glucose sugar, etc., enhancing the sustainable development momentum of brands. 2. During the reporting period, the cultural and creative industrial park development and operation sector of the company focused on park development, optimized park services, improved the level of operation management, persistently attracted investments, built brands, improved efficiency, and leased income was steadily increasing compared with the same period last year. 3. The company expects non-recurring gains and losses to be between -7.5 million and -5 million yuan for the reporting period, mainly due to investor claims and other litigation cases.
