Xiangxin Technology's revenue and profits will both grow in 2023

Xiangxin Technology's 2023 performance report shows that it achieved annual revenue of 5.703 billion yuan, a year-on-year increase of 32.96%; net profit reached 407 million yuan, a year-on-year increase of 58.52%. This growth is mainly due to the rapid development of the new energy industry, strong market demand, mass production of new projects, sufficient orders, and improved capacity utilization.