Huayang Group's first-half performance was outstanding, with strong growth in automotive electronics business

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Huayang Group recently released its financial report for the first half of 2024. The report shows that the group achieved an operating income of 4.193 billion yuan, a year-on-year increase of 46.23%, and the net profit attributable to shareholders of listed companies reached 287 million yuan, a year-on-year increase of 57.89%. Among them, the automotive electronics business performed particularly well, with revenue reaching 3.071 billion yuan, a year-on-year increase of 65.41%, and the proportion of the company's overall revenue increased from 64.73% last year to 73.23%.