According to Zhitong Finance App News, Quanchai Power (600218.SH) released its 2023 annual report. The company's revenue was 4.819 billion yuan, down 2.37% year on year; net profit attributable to shareholders of listed companies was 97.221 million yuan, down 6.04% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 504.8841 million yuan, down 29.29% year on year; basic earnings per share were 0.22 yuan/share. It is proposed to pay a cash dividend of 0.7 yuan (tax included) for every 10 shares to all shareholders.
The company closely follows the national “dual carbon” strategy and emission regulations, continues to increase investment in R&D, and accelerates product development and technical reserves. On the one hand, keep up with market changes and competitive needs, and continue to promote platform upgrades and structural adjustments for the automotive 6 and non-road country 4 products. In terms of new energy, projects such as hybrid special transmissions (DHT), range extenders, and clean energy fuel engines have been launched, and development is progressing smoothly.