Pinggao Electric's revenue increased by 4.47% in the first quarter, and its net profit increased by 52.69%

Pinggao Electric's revenue in the first quarter of 2024 was approximately RMB 2.044 billion, an increase of approximately 4.47% year-on-year; net profit was approximately RMB 230 million, an increase of approximately 52.69% year-on-year.