Shanshan Holdings released its 2023 annual report, with both revenue and net profit declining

Shanshan Group's 2023 annual report shows that the company's revenue was 19.07 billion yuan, a year-on-year decrease of 12.13%; net profit attributable to the parent was 765 million yuan, a year-on-year decrease of 71.56%. In addition, the performance continued to decline in the first quarter of this year, with revenue of approximately 3.752 billion yuan, a year-on-year decrease of 15.67%; and a net loss of 73.2818 million yuan.