Feixiang Technology's net profit in the first half of the year exceeded 100 million

According to the financial report released by Feixiang Technology, the company achieved a net profit of 13.2799 million to 18.2799 million yuan in the first half of 2024, turning losses into profits. This achievement was mainly due to the good performance of products such as 5G modules and pan-connectivity. Since the sale of 5G products, Feixiang Technology's 5G product revenue has increased from less than 100 million yuan in 2020 to 400 million yuan in 2023.