Guoxuan High-tech released its Q1 2025 financial report, with continued growth in performance

Guoxuan High-tech released its first quarter financial report for 2025, with revenue of 9.055 billion yuan, a year-on-year increase of 20.61%. Net profit attributable to the parent company was 101 million yuan, a year-on-year increase of 45.55%. In the 2024 financial report, the annual revenue reached 35.392 billion yuan, a year-on-year increase of 11.98%. The power battery business contributed the most, accounting for 72.47% of the revenue. The company's battery pack sales increased by 40.38%, and production increased by 41.49%.