Hello, Chairman. Your company's connectors are used in many popular domestic car models. Why can't this be reflected in the performance? Is it because of the increase in raw material prices?

2024-08-08 17:34
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Ruikeda: Dear investors, thank you for your attention. The company's operating income in Q1 2024 increased by 40.66% year-on-year, and the net profit attributable to shareholders of listed companies increased by 1.66% year-on-year. The growth rate of net profit was lower than the growth rate of revenue, mainly due to the increase in period expenses, the company's Sichuan base conversion, the increase in construction investment in Suzhou Phase II and Taizhou base, etc.; the year-on-year increase in domestic and foreign personnel salaries and other payments; the increase in consulting service fees for organizational changes; the increase in R&D investment and the cyclical price increase of raw materials. Thank you!