Wingtech Technology's product integration business has grown significantly

In the third quarter of 2024, Wingtech Technology's product integration business achieved revenue of 15.73 billion yuan, a year-on-year increase of 45.58% and a month-on-month increase of 14.79%. The gross profit margin of the business was 3.8%, an increase of 1.8 percentage points from the previous month. Despite a net loss of 357 million yuan, it improved from the previous month. After excluding the impact of convertible bond financial expenses and exchange losses caused by the depreciation of the US dollar exchange rate in the third quarter, the performance of the product integration business in the third quarter improved significantly, significantly reducing losses.