作为中国领先的汽车电子解决方案提供商，集团凭藉强大的研发能力和优质的产品性能，以及出色的系统集成及测试验证能力，助力整车厂实现高性价比的量产方案，促进业务渗透率提升。新能源板及智能驾驶业务持续成为集团收入和盈利增长的主要动力，推动业务表现优于行业水准。Intron Tech (01760) announced its interim results for the six months ended June 30, 2024, with the group generating revenue...
The Intron Tech (01760) announced its interim results for the six months ended June 30, 2024, with the group's total revenue...
The overall Chinese auto market in the first half of 2024 showed signs of recovery, with continuous growth in sales. At the same time, competition within the industry intensified, leading to an escalation of price wars and a squeeze on the overall gross margin of auto companies. In the intense market competition, the group continuously enhances its product competitiveness by leveraging its technological advantages, achieving double-digit growth in shipments and performance in the first half of 2024. According to data from the China Association of Automobile Manufacturers (CAAM), auto sales in China in the first half of 2024 reached 14.047 million units, a year-on-year increase of 6.1%. Among them, domestic sales were 11.255 million units, a year-on-year increase of 1.4%, while exports were 2.793 million units, a year-on-year increase of 30.5%. This indicates that domestic market sales growth has slowed down while export sales remain stable. Sales of new energy vehicles reached 4.944 million units, a year-on-year increase of 32%, of which domestic sales of new energy vehicles were 4.339 million units, a year-on-year increase of 35.1%, and exports of new energy vehicles were 0.605 million units, a year-on-year increase of 13.2%. As of June 30, 2024, the group's performance recorded steady growth, with a 8% increase in revenue, outperforming the market. The revenue of the new energy sector increased by 15.9% year-on-year, and the revenue of the smart driving sector increased by 13.0% year-on-year.
As a leading provider of automotive electronic solutions in China, the group leverages its strong R&D capabilities, high-quality product performance, and excellent system integration and testing verification capabilities to help car manufacturers achieve cost-effective mass production solutions, and promote the increase in business penetration rate. The new energy and smart driving businesses continue to be the main drivers of revenue and profit growth for the group, driving business performance above the industry average.
