On July 14th, Gelonghui announced that Xiamen Solex High-Tech Industries (603992.SH) is expected to increase its net income attributable to shareholders of the listed company to 0.2 billion yuan to 0.23 billion yuan in the first half of 2024, an increase of 66.05% to 90.96% year-on-year. Net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, is expected to be between 0.187 billion yuan and 0.217 billion yuan, an increase of 40.07% to 62.54% year-on-year.
The main reason for the increase in performance this period: The company divested its loss-making 'Solex Home' business in the third quarter of last year. In addition, the company's main business in IDM hardware remains stable. During the reporting period, the company adhered to category orientation, embraced old customers and actively developed new customers. The company's overseas business achieved steady growth, and due to the impact of the domestic macro economy, domestic business declined slightly, but the overall main business performance remained stable.