North China Huachuang: Ten times in ten years

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Since its establishment in 2001, NAURA has been mainly engaged in semiconductor equipment and precision electronic components business. From 2019 to 2023, the company's revenue and net profit attributable to the parent company have a compound annual growth rate (CAGR) of 52.7% and 88.5% respectively. Sales in fiscal year 2023 are expected to be about RMB 22 billion, with an annual growth rate of nearly 50%, about 10 times higher than in 2017. NAURA has released its performance forecast for 2024, with net profit expected to increase by 32.6%-52.6% year-on-year and operating income to increase by 25%-43.93%.