Camel Group Co., Ltd. (601311.SH) released its semi-annual report on August 19th. During the reporting period, the company achieved revenue of 7.5 billion yuan, a year-on-year increase of 15.24%; net income attributable to shareholders of the listed company was 0.314 billion yuan, a year-on-year increase of 11.89%, of which the net income deducted for non-operating profit and loss was 0.34 billion yuan, a year-on-year increase of 39.94%.
During the reporting period, the automotive industry has accelerated its transformation, with severe industry "intrusion", deteriorating competitive environment, and traditional vehicle companies facing unprecedented pressure and challenges. As an auto parts supplier, facing a series of market changes, the company continues to maintain strategic stability and aims to "expand and strengthen the lead-acid battery business, and solidify its leading position in the industry," by optimizing the client structure of the domestic mainframe market, improving the value conversion and after-sales service quality of domestic maintenance and replacement market channels, accelerating the expansion of overseas market channels and other measures, achieving sustained growth in sales of low-voltage lead-acid batteries for cars, and continuing to increase market share. In the first half of the year, the sales of the company's low-voltage lead-acid batteries for cars increased by 17.1% year-on-year, and the sales of lead-acid new energy vehicle auxiliary batteries increased by nearly 40% year-on-year.