Shuanghuan Transmission's performance in 2023 was strong, with significant growth in new energy gear revenue

According to the 2023 annual report, Shuanghuan Transmission's annual revenue reached 8.07 billion yuan, a year-on-year increase of 18.1%, and its net profit attributable to the parent company was 816 million yuan, a significant year-on-year increase of 40.3%. In particular, in the fourth quarter, revenue reached 2.2 billion yuan, a year-on-year increase of 9.4% and a month-on-month increase of 0.7%. The net profit attributable to the parent company was 227 million yuan, a year-on-year increase of 31.5% and a month-on-month increase of 2.8%. This was mainly due to the increase in revenue from new energy gears.