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Shengyi Electronics 2024 Semi-Annual Report
Summary of Shengyi Electronics 2024 Semi-Annual Report
AI server products delivered in bulk, Shengyi Electronics' net income in the first half of the year increased by 903.93% year-on-year.
① Regarding the reasons for the performance change, Shengyi Electronics stated that with the increasing demand for high-density, high-precision multilayer printed circuit boards in the market, the company's production and sales have grown compared to the same period last year; ② Shengyi Electronics stated that in the future, with the continuous development of the automotive industry, automotive electronics will have a wider market. It is expected that the market size of China's automotive electronics industry will grow by 5.6% to reach 1.16 trillion yuan in 2024.
Shengyi Electronics (688183.SH): The net income in the first half of the year was 96.0887 million yuan, a year-on-year growth of 903.93%.
On August 27th, Gleengo announced its semi-annual report for 2024, with operating revenue of 1.973 billion yuan, a year-on-year increase of 24.64%; net income attributable to shareholders of listed companies was 96.0887 million yuan, a year-on-year increase of 903.93%; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 90.5489 million yuan, a year-on-year increase of 3,356.73%; basic earnings per share was 0.12 yuan.
Shengyi Electronics to Raise Investment Into Thai Plant Construction By $70 Million; Shares Up 6%
Shengyi Electronics (688183.SH): The Thai company plans to increase the investment amount by 0.07 billion US dollars.
On August 20th, Gelonhui reported that Shengyi Electronics (688183.SH) plans to increase its investment in Thailand by $0.07 billion based on its construction plans and development needs. The investment amount will increase from $0.1 billion to $0.17 billion, with funds coming from existing and self-raised sources. The additional $0.07 billion will mainly be used for architecture engineering, production, and testing equipment of the Thai company. This increase in investment by the Thai company is based on its actual operational development needs, and aims to ensure high-quality project construction, promote sustainable operations and development, and is in line with the company's global strategy. The funds for this investment come from self-funding.
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