China Automotive Research Institute's operating income

According to the 2023 annual report of China Automotive Research Institute: technical service revenue is 3.31 billion, accounting for 82.61% of revenue; special-purpose vehicle revenue is 336 million, accounting for 8.38% of revenue; automobile gas system and its key components revenue is 242 million, accounting for 6.05% of revenue; rail transit and special-purpose vehicle parts revenue is 94 million, accounting for 2.35% of revenue, and other business revenue is 24 million, accounting for 0.6% of revenue. In 2023, domestic revenue is 3.978 billion, accounting for 99.28% of revenue, and overseas revenue is 29 million, accounting for 0.72% of revenue. The proportion of vehicle and traditional parts development and evaluation business is the largest. From 2015 to 2023, technical service revenue increased from 675 million to 3.31 billion, with a CAGR of 22%, and revenue showed an upward trend.