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知行汽车科技(01274)发布中期业绩,营业收入为6.36亿元,同比增加17.11%

Zhixing Autos Technology (01274) released its interim performance, with revenue of 0.636 billion yuan, an increase of 17.11% year-on-year.

Zhitong Finance ·  Aug 16 09:12

ZhiXing Automotive Technology (01274) released its six-month performance as of June 30, 2024. Revenue was 6....

ZhiXing Automotive Technology (01274) released its six-month performance as of June 30, 2024, with revenue of 0.636 billion yuan, a year-on-year increase of 17.11%; gross profit was 44.852 million yuan, up 9.29% year-on-year.

During the reporting period, thanks to more and more customer models equipped with the company's autonomous driving solutions and products entering mass production and delivery stage, the company delivered more than 0.096 million sets of autonomous driving solutions and products to customers, an increase of 92.9% compared to the same period last year.

The vast majority of the group's revenue comes from the sale of autonomous driving solutions and products, accounting for 96.40% of its revenue during the reporting period (95.89% for the same period in 2023). In addition, revenue from providing autonomous driving-related R&D services accounted for 3.08% of its revenue (2.22% for the same period in 2023), and revenue from the sale of PCBA products accounted for 0.52% of its revenue (1.89% for the same period in 2023). The group's revenue mainly comes from its business in China.

During the reporting period, the company received 18 fixed-point letters from well-known OEM customers, including Chery Automobile, Geely Automobile, Dongfeng Automobile, Leapmotor, and Xpeng. Most of these models will start production in 2024 and 2025, which will help consolidate the company's commercial landing advantages and occupy a larger market share.

In addition, the company's German subsidiary has officially started operation, providing support to the company's Chinese customers to go to Europe, including road testing, functional verification, regulatory certification, and after-sales support. In the first half of 2024, the German subsidiary has helped two Chinese customer models obtain EU General Safety Regulation (GSR) certification. At the same time, the German subsidiary also directly provides services to European customers, further expanding the European market.

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