Changying Precision's business growth
The story so far
Changye Precision announced a revenue of 16.453 billion yuan for the first three quarters, a year-on-year increase of 21.78%, with steady growth in new energy business and explosive growth in the embodied intelligence sector. Short-term profits are under pressure. The company is working with customers to promote the development of new consumer electronics products and accelerating the mass production and volume increase of businesses such as energy storage, embodied intelligence, and AI hardware, with profitability expected to gradually recover.
AI-written from the reports · Updated yesterday
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- 36Kr · AIChangyong Precision: New energy business steady growth, Embodied Intelligence segment explosive growth, short-term profit pressure
Changyong Precision reported a revenue of 16.453 billion yuan in the first three quarters, a year-on-year increase of 21.78%. Its new energy business is growing steadily, while the embodied intelligence segment is experiencing explosive growth, with short-term profit pressure. The company is collaborating with customers to promote the development of new consumer electronics products such as AIPC and wearable devices, and is accelerating the mass production and market penetration of energy storage, embodied intelligence, and AI hardware businesses, with profitability expected to gradually recover.
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