On April 18, Shihua Technology disclosed its report for the first quarter of 2024. The report shows that in the first quarter, the company achieved total revenue of 133 million yuan, an increase of 63.32% year on year; net profit to mother of 41.2645 million yuan, an increase of 37.32% year on year; after deducting non-net profit of 34.816,400 yuan, an increase of 56.34% year on year. According to the report, the increase in the company's revenue and profit was mainly due to the increase in sales revenue of electronic composite functional materials and optoelectronic display module materials.