Huayang Group's revenue hit a record high in the fourth quarter of 2023, with sales of automotive electronics products increasing significantly

In 2023, Huayang Group's revenue reached 7.137 billion, a year-on-year increase of 26.6%. In particular, in the fourth quarter, the company's revenue reached 2.34 billion, a year-on-year increase of 43.6% and a month-on-month increase of 21.3%. This is mainly due to the company's new projects in the field of automotive electronics, such as the new M7, Qiyuan A07, Zhijie S7, Stellantis, etc., which have led to a significant increase in sales of products such as wireless charging, HUD, cockpit domain control, and screen display.