BOE's first-quarter earnings are expected to increase by 223%-304%

BOE Technology Group Co., Ltd. expects the net profit attributable to shareholders of the listed company to be RMB 800 million to RMB 1 billion in the first quarter of 2024, a year-on-year increase of 223%-304%. The net profit after deducting non-recurring gains and losses is RMB 460 million to RMB 660 million. The main reason is that the company has benefited from the recovery of the industry's prosperity and has fully utilized its technological and production capacity advantages to promote industry development.