Huayang Group's first half performance report is released, with outstanding performance in automotive electronics and precision die-casting businesses

Huayang Group achieved significant performance growth in the first half of 2024. This is mainly due to the performance of its two main businesses, automotive electronics and precision die-casting. During the period from January to June, the company's operating income reached 4.193 billion yuan, a year-on-year increase of 46.23%, and its net profit reached 287 million yuan, a year-on-year increase of 57.89%. The automotive electronics business also achieved significant growth, with operating revenue reaching 3.071 billion yuan, a year-on-year increase of 65.41%. New product lines such as cockpit domain control, precision motion mechanisms, and digital acoustics have gradually entered the large-scale mass production stage, and sales revenue has increased significantly year-on-year.