Huahong Cable (001208.SZ) announced its performance forecast for the first half of 2024. The company expects net income attributable to shareholders of the listed company to be between 56 million yuan and 61 million yuan, an increase of 40% to 60% compared to the same period last year. After deducting non-recurring gains and losses, net income is expected to be between 45 million yuan and 50 million yuan, an increase of 50% to 70% compared to the same period last year. The basic earnings per share is 0.10 yuan/share to 0.12 yuan/share.

Benefiting from the accumulation of special cable research and development technology, national equipment updates, and support for advanced manufacturing policies, the company's business scale in the aviation and aerospace, integrated equipment, metallurgical and mining, rail transportation and other fields has increased compared to the same period last year. Currently, there is ample order backlog and net income growth is significant.