Saijing Technology's sales revenue will exceed 1 billion in 2023

Sunking Technology announced its 2023 performance, with sales revenue reaching 1.05 billion yuan, a year-on-year increase of 15%. Benefiting from the start of domestic UHV DC transmission projects, orders and delivery growth, and the growth in sales revenue of self-developed power semiconductors, the performance has fully recovered. In 2023, the group's sales revenue in the field of power grid transmission and distribution was 416 million yuan, a year-on-year increase of 25%. The sales revenue of the self-developed power semiconductor business reached 81.45 million yuan, a year-on-year increase of 105%.