Huayang Group Business Outlook

Huayang Group expects that in the second quarter of 2024, the main growth points will come from cockpit domain control and precision die-casting products, and the proportion of new customer revenue will increase. The annual revenue is expected to be more than 900 million yuan and the net profit is expected to be more than 600 million yuan, with year-on-year growth rates of more than 30% and nearly 40% respectively.