According to the Zhitong Finance App, Huayang Group (002906.SZ) released a performance forecast for the first quarter of 2024. It is estimated that net profit attributable to shareholders of listed companies in the first quarter was 136 million yuan to 146 million yuan, an increase of 75.41% to 88.31% year on year; net profit after deducting non-recurring profit and loss was 131 million yuan to 141 million yuan, an increase of 79.97% to 93.70% year on year.
In the first quarter of 2024, the company's sales revenue increased significantly compared to the same period last year. In the automotive electronics business, sales revenue of products such as cockpit domain control, HUD, screen displays, wireless vehicle charging, digital acoustics, precision motion mechanisms, LCD instruments, etc.; in the precision die-casting business, automotive intelligence-related parts projects continued to expand, and sales revenue increased significantly year-on-year.