C highprecision Automation Group Limited (the Company) announced its annual report for the fiscal year ended June 30, 2024, on September 30, 2024. The report shows that the group's revenue for the year is approximately RMB 139,203,000, a decrease of about 1.6% compared to the same period last year. The group operated a loss of approximately RMB 33,236,000, an increase of 52.9% compared to the same period last year. The loss attributable to owners of the Company is approximately RMB 32,735,000, with a loss per share of RMB 3.16. Shareholders' equity is approximately RMB 1,690,688,000, a decrease of about 1.7% compared to the same period last year. The group's main business is the research and development, production, and sales of automation instruments. Affected by the macroeconomic environment, downstream market demand...Show More

C highprecision Automation Group Limited (the Company) announced its annual report for the fiscal year ended June 30, 2024, on September 30, 2024. The report shows that the group's revenue for the year is approximately RMB 139,203,000, a decrease of about 1.6% compared to the same period last year. The group operated a loss of approximately RMB 33,236,000, an increase of 52.9% compared to the same period last year. The loss attributable to owners of the Company is approximately RMB 32,735,000, with a loss per share of RMB 3.16. Shareholders' equity is approximately RMB 1,690,688,000, a decrease of about 1.7% compared to the same period last year. The group's main business is the research and development, production, and sales of automation instruments. Affected by the macroeconomic environment, downstream market demand weakened, and the industrial automation instrument market faced pressure and challenges. The Company actively develops the market and continues to maintain a stable development trend. During this fiscal year, the Company's core competitiveness remained unchanged, and it continued to implement an innovation-driven long-term development strategy. Chairman Mr. Huang Xunsong stated in the annual report that the Company will continue to closely monitor the industry's development and periodically review business expansion plans.