Clou Electronics actively expands overseas markets and achieves revenue growth

After becoming the controlling shareholder of Kelong Electronics, Midea Group provided it with all-round support, including technology research and development, financial support and concept empowerment. Kelong Electronics actively expanded its overseas business. In 2023, the company's energy storage business achieved an operating income of 1.435 billion yuan, a year-on-year increase of 106.73%. The high gross profit margin in the overseas market proves that Kelong Electronics' strategic judgment is correct.