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Chongde Technology (301548.SZ): The company's production lines are currently operating at full capacity.

Gelonghui Finance ·  Nov 5 16:06

Gelonghui, November 5th ┃ Chongde Technology (301548.SZ) stated on the investor interaction platform that the company has been actively promoting its internationalization strategy in recent years, with significant growth in international orders. Substantial progress has been made in the company's international business layout, with major markets covering Europe, America, and Asia. In the third quarter, the company achieved operating revenue of RMB 162 million, a year-on-year increase of 48.04%. The substantial year-on-year growth in revenue reflects the rise in the prosperity of the company’s multi-sector business. Regarding the quarter-to-quarter fluctuations, this is typically related to order delivery cycles, seasonal factors, and specific project progress schedules. The company’s production lines are still operating at full capacity, driven by strong demand in downstream sectors such as clean energy and heavy gas turbines, coupled with the accelerated promotion of domestic substitution. In the future, the company will further expand its production capacity through fundraising projects to ensure order delivery capabilities.

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