Guoxin Technology's revenue in the first half of the year reached 209 million yuan

In the first half of the year, Guoxin Technology's revenue reached 209 million yuan, a year-on-year increase of 49%, and its net profit reached 61.037 million yuan, a year-on-year increase of 1823%. The company focuses on the fields of automotive electronics and cloud security, and cooperates with leading manufacturers such as Weichai Power, Kostal, and Etech to launch mid-to-high-end body and gateway control chips and other products. R&D expenses increased by 55.69% year-on-year, accounting for 27.36% of revenue.