On August 26, Gelon Hui reported the 2024 interim report of Bestechnic (Shanghai) Co., Ltd. (688608.SH), with revenue of 1.531 billion yuan, a year-on-year increase of 68.26%; net income attributable to shareholders of the listed company was 0.148 billion yuan, a year-on-year increase of 199.76%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.112 billion yuan, a year-on-year increase of 1,872.87%; basic EPS was 1.2299 yuan.
During the reporting period, the company achieved revenue of 1.531 billion yuan, a year-on-year increase of 68.26%. The main reasons are: ① continued growth in customer demand in the downstream smart wearable and smart home sectors, driving company revenue growth; ② the company continues to expand new products and customers in the smartwatch market, gradually increasing market share; ③ the company's new generation smart wearable chip BES2800 has achieved mass production and shipment.