BYD Electronics (International) Co., Ltd. ("BYD Electronics") announced its midterm report for 2024, showing a year-on-year increase in revenue of 39.87% to RMB 7,858.1 million; a year-on-year increase in gross profit of 22.01% to RMB 537.9 million; and a slight increase in attributable net profit of the parent company by 0.14% to RMB 151.8 million. Earnings per share remained at RMB 0.67. During the reporting period, BYD Electronics continued to leverage its core advantages in the fields of electronic information, artificial intelligence, 5G, Internet of Things (IoT), thermal management, new materials, precision molds, and digital manufacturing technology to provide one-stop product solutions for global customers, covering diverse market areas such as smart phones, tablets, and new energy vehicles. During the period, the group's...Show More

BYD Electronics (International) Co., Ltd. ("BYD Electronics") announced its midterm report for 2024, showing a year-on-year increase in revenue of 39.87% to RMB 7,858.1 million; a year-on-year increase in gross profit of 22.01% to RMB 537.9 million; and a slight increase in attributable net profit of the parent company by 0.14% to RMB 151.8 million. Earnings per share remained at RMB 0.67. During the reporting period, BYD Electronics continued to leverage its core advantages in the fields of electronic information, artificial intelligence, 5G, Internet of Things (IoT), thermal management, new materials, precision molds, and digital manufacturing technology to provide one-stop product solutions for global customers, covering diverse market areas such as smart phones, tablets, and new energy vehicles. During the period, the group's new energy vehicle business sector continued to maintain growth in revenue, and the shipment volume of products such as smart cabins, intelligent driving assistance systems, and thermal management continued to increase. In addition, the group actively responded to the national "dual carbon" policy, continuously optimized green technology, products, and solutions, and focused on the green and low-carbon development of the industry. As of the end of the reporting period, BYD Electronics' capital commitment was RMB 43.5 million, and there were no significant subsequent events that had a major impact on the group's financial position or operations.