Wanxiang Qianchao will achieve operating income of approximately RMB 7.449 billion in the first half of 2024

In the first half of 2024, Wanxiang Qianchao achieved operating income of approximately 7.449 billion yuan, a year-on-year increase of 2.47%; net profit attributable to shareholders of listed companies was approximately 489 million yuan, a year-on-year increase of 12.23%. The company's growth in the field of new energy vehicle parts is particularly significant, benefiting from the rapid development of the global new energy vehicle market. In 2023, the company achieved revenue of 14.487 billion yuan, a year-on-year increase of 3.37%; net profit attributable to the parent company was 822 million yuan, a year-on-year increase of 1.54%.