Jingjin Electric released its 2023 results, with total revenue of 866 million yuan

Jingjin Electric's 2023 performance report shows that the company achieved operating income of 866 million yuan, a year-on-year decrease of 15.13%. The net profit attributable to shareholders of listed companies was -577 million yuan, a year-on-year increase of 48.56%. However, excluding the vehicle sales business, the company's main business-that is, new energy vehicle electric drive system and technology development and services-had revenue of 840 million yuan, a year-on-year decrease of 6.96%. In terms of R&D results, the company's 200kW pure electric all-in-one electric drive system developed for American and European customers was successfully put into production during the reporting period, involving luxury SUVs, high-end sedans and logistics vehicles.