Jiangsu Hengyi's business development in the new energy field

Jiangsu Hengyi is mainly engaged in the research and development, production and sales of lightweight products in the new energy field. Its casting products include motor housings, battery box trays, gearbox parts and other castings, which are manufactured using die casting, low-pressure aluminum casting, welding and other processes. In recent years, Jiangsu Hengyi's financial situation has grown steadily. From 2022 to 2023, its operating income was RMB 114,332.77 million and RMB 177,698.4 million respectively, and its net profit was RMB 19,669,600 and RMB 90,066,200 respectively.