On the evening of July 9th, Shanghai Highly released a performance forecast, expecting the company to achieve a net income of 3.7997 to 4.4997 million yuan belonging to the owner of the parent company in the first half of 2024, and turn losses into profits compared with the same period last year. The announcement shows that in the first half of 2024, Shanghai Highly's first main business of cold and warm related solution and core auto parts business income scale has increased and profits have grown year-on-year; at the same time, in the second main business of auto parts, Shanghai Marelli has made positive efforts such as cost reduction in procurement and manufacturing, and has achieved operational improvement and profit capability improvement. It is reported that Shanghai Highly is a global leading supplier of rotary air-conditioning compressors, and has been focusing on the thermal management of new energy vehicles in recent years, accelerating the development of its second main business in auto parts.