Liyuanheng's sales revenue of lithium battery manufacturing equipment will increase by 12.6% in 2023

In 2023, Liyuanheng's sales revenue of lithium battery manufacturing equipment reached 3.825 billion yuan, a year-on-year increase of 12.6%. However, due to intensified market competition and the technical process still in the running-in period, the company's sales gross profit margin has declined.