Zitong Financial App News, Ruiyuan Intelligence Control (08249) released results for the six months ended June 30, 2023, with an income of 11.777 million yuan (RMB, the same below), down 20.5% from the same period last year; a net loss of 2.59 million yuan, an increase of 15.7% over the same period last year; and a basic loss of 0.52% per share.
The Group is well aware of the importance of its competitiveness in product innovation and quality to the future growth of its sales operations. The Group continues to improve its operating process and continue to move forward with a realistic approach and objectives in accordance with feasible plans. The group has reached strategic partnerships with a number of companies and is actively expanding products and sales markets. in order to increase the stable foundation of intelligent control system trade business, at present, the products on sale are electronic components, industrial electronic intelligent control systems, AC servo motors and CNC machine tools, which have been gradually recognized by the market and customers. The development of industrial electronic intelligent control system and optical machine application of CNC machine tools has also been gradually integrated into the market, which makes the market and development prospect of the group ideal.