Inbo's revenue in 2023 is 1.963 billion yuan, with strong performance in electric drive business

Zhuhai Inbol Electric Co., Ltd. achieved operating income of 1.963 billion yuan in 2023, of which electric drive products contributed 1.831 billion yuan. The company's investment in research and development reached 146 million yuan, accounting for 7.42% of operating income. Inbol focuses on the research and development, production and sales of electric vehicle power system products.