Xinfengming predicts net profit of 2023

Xinfengming (603225.SH) announced that according to the preliminary calculation of the company's financial department, the net profit attributed to the owner of the parent company is expected to be 1.03 billion yuan to 1.13 billion yuan in 2023, which will turn a loss into a profit compared with the same period of last year. The net profit attributed to the owner of the parent company after deducting non-recurring profits and losses is expected to be 850 million yuan to 950 million yuan in 2023.