Shangsheng Electronics (688533.SH) issued an announcement. The company expects to become owned by the parent company in 2023...
Zhitong Finance App News, Shangsheng Electronics (688533.SH) announced that the company expects to achieve net profit of 160 million yuan in 2023, which is an increase of 72.8339 million yuan compared with the same period last year (statutory disclosure data), an increase of about 83.56% over the previous year.
In 2023, the company was affected by the development of the automobile industry and the recovery in overseas market demand. The overall development of the company's main business was good, and production and sales increased significantly over the same period last year. While developing customers and expanding the global market, the company continues to strengthen the control of costs and expenses, strengthen automation upgrades and improve labor productivity for all employees, and drive the improvement of the company's profitability.
Under the development trend of electrification, connectivity, and intelligence in the automotive industry, the company has strengthened the competitive advantage of the product by vigorously promoting high-level design, high-standard management, high-precision manufacturing, high-efficiency production, and lean manufacturing concepts and initiatives for high-quality products, and has been fully recognized by new and old customers; through continuous optimization of key process technology and automated and intelligent manufacturing process management, the scale effect has gradually improved, and product gross margin has improved markedly.