During the 2023 reporting period, HOSHINE Silicon's industrial silicon and organic silicon production capacity and output were further increased, and sales volume maintained good growth. However, the company experienced a decline in performance due to the impact of overall economic fluctuations and falling product prices.

In 2023, HOSHINE achieved operating income of 26.584 billion yuan, representing a year-on-year increase of 12.37%. Net profit attributable to the parent company was 2.623 billion yuan, a year-on-year decrease of 49.05%. Earnings per share achieved in 2023 was 2.24 yuan.

Regarding the sales of HOSHINE Silicon's products, the sales revenue of industrial silicon for the whole year was 13.614 billion yuan, accounting for 51.66% of the total main revenue, an increase of 32.36% over the previous year, mainly due to the increase in sales volume. The sales revenue of organic silicon for the whole year was 12.341 billion yuan, accounting for 46.83% of the total main operating income, a decrease of 5.26% from the previous year, primarily due to the decrease in the selling price of organic silicon products.

In the first quarter of 2024, HOSHINE Silicon Industry achieved operating income of 5.416 billion yuan, a year-on-year decrease of 5.46%. Net profit attributable to the parent company was 528 million yuan, a year-on-year decrease of 47.36%.