Hangsheng Electronics expects operating revenue to exceed 10 billion in 2025

Hangsheng Electronics' sales revenue reached 50 million yuan in 1999, and doubled every year in the following four years, reaching 800 million yuan in 2003 and 1.2 billion yuan in 2004, with sales figures hitting new highs. In 2022, the company had more than 4,000 employees, produced nearly 6 million sets of automotive electronic products annually, and had operating revenue of more than 5 billion yuan. It is expected that operating revenue will exceed 10 billion yuan in 2025. As of the end of 2021, the company has applied for more than 830 patents and participated in the formulation of 18 national standards, 2 local standards and 1 industry standard.