Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com news on April 30, Lixun Precision released a forecast for its 2023 semi-annual report. The company is expected to make a net profit of about 4.162 billion yuan to 4.541 billion yuan in the first half of 2023, an increase of 10% over the same period last year.

CTOnews.com found that Lixun Precision also released its 2022 annual report on the same day. In 2022, Lixun's revenue was about 214.028 billion yuan, an increase of 39.03 percent over the same period last year, and its net profit was about 9.163 billion yuan, an increase of 29.60 percent over the same period last year.

Lixun Precision said that in the consumer electronics business, in 2022, due to geopolitics, global inflation and other external factors, consumer demand at home and abroad declined to varying degrees, superimposed in the fourth quarter, the production capacity of important system manufacturers in central China was blocked, and the shipments of some of the company's components and modules showed a passive decline in the short term, and the overall crop rate fluctuated to a certain extent.

In terms of automotive business, driven by the trend of automobile "electrification, networking and intelligence", the company's automotive business-related products (high / low voltage wiring harness, special wire harness, charging gun, automobile connector, intelligent cockpit domain controller, liquid crystal instrument, AR HUD, DMS, etc.) market demand is strong, performance shows rapid growth.

In addition, in terms of revenue composition, in 2022, Lixun's revenue from precision computer interconnection products and precision components products was about 11.28 billion yuan, an increase of 43.57% over the same period last year; revenue from automotive interconnection products and precision components products was about 6.149 billion yuan, an increase of 48.44% over the same period last year; revenue from communication interconnection products and precision components products was about 12.834 billion yuan, an increase of 292.55% over the same period last year Revenue from consumer electronics was about 179.667 billion yuan, an increase of 33.44 percent over the same period last year.

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