Summary by Futu AI
Riupulan Jun New Energy Co., Ltd. (Riupulan Jun) released its mid-term report for 2024, showing a revenue of 7,596,665 RMB, a year-on-year increase of 15.2%. Gross profit increased slightly to 272,366 RMB, with a growth rate of 1.9%. The loss narrowed to 658,212 RMB during the period, a decrease of 28.4% compared to the same period last year, and the loss per share decreased from 0.33 RMB to 0.19 RMB. During the reporting period, the new energy automobile industry continued to develop rapidly, with market share expanding and technological innovation accelerating, leading to increasing demand in the power battery market. Riupulan Jun's main business is the research, production, and sales of power and energy storage lithium-ion batteries, as well as promoting integrated innovation in...Show More