Zhitong Financial APP News, Vanguard Electronics (002767.SZ) released a semi-annual report for 2023, during the reporting period, the company achieved operating income of 258 million yuan, an increase of 26.56% over the same period last year. The net profit attributed to the shareholders of the listed company was 18.1346 million yuan, an increase of 302.04% over the same period last year. The net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 15.1822 million yuan, an increase of 1935.69% over the same period last year. The basic earnings per share is 0.1209 yuan.

During the reporting period, the number of confirmed sales terminals of the company's Internet of things products increased by 38% over the same period last year, and the confirmed sales revenue increased by 36% over the same period last year, of which the number of smart meters sold on the Internet of things accounted for 96% of the total sales, ranking in the forefront of domestic smart gas meter enterprises. Combined with more than 30 years of experience in the field of intelligent gas meters, the company has adopted cloud design to establish iBS integrated business management platform, IoT-Cloud collection platform, Fengyunhui payment platform and Fengyun easy repair service platform, actively promoting the development of intelligent gas and physical connection in the digital era.

During the reporting period, the company continued to strengthen its investment in metrology, applying ultrasonic metrology technology, laser semiconductor spectral absorption technology (TDLAS) and gas big data cloud platform to urban gas metering. At present, the serialization of mechanical membrane gas meter, mechanical Flowmeter, ultrasonic and other products has been completed. IPO expansion capacity and automation transformation project has been put into use, with Zhejiang Provincial Enterprise Research Institute and national level.

Affected by the decline in the rate of return of urban gas operators and the rising cost of raw materials for imported chips, it has the most obvious impact on the gross profit margin of the civil intelligent gas meter industry. In order to ensure the company's comprehensive competitiveness and market share, the company continues to invest and improve in raw material preparation, domestic substitution, supply chain management, marketing, R & D cost reduction, intelligent manufacturing, quality and service. Strive to reduce the impact on net profit through business growth and improved internal efficiency.