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deeply tied to gac, nio and xiaomi, the leader in vehicle-mounted high-voltage power supply systems will be listed on september 4

2024-09-04

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cailianshe reported on september 4 that there were no new stock applications today; there was one new stock listed, which was fute technology on the growth enterprise market.

new stocks listed today

fute technology is a leader in automotive high-voltage power systems. the company is deeply tied to gac group, nio and xiaomi motors, and is the exclusive supplier of high-voltage power supply systems for many models of the aforementioned companies. in addition, the company has also obtained project orders for byd han/song/frigate, changan automobile avita e15/e16 projects and leapmotor c01/c11 models, and some projects are expected to be mass-produced in h2 24.

the company achieved operating income of 964 million yuan/1.65 billion yuan/1.835 billion yuan in 2021-2023, and realized net profit attributable to the parent company of 58 million yuan/87 million yuan/96 million yuan. in the latest reporting period, the company achieved operating income of 662 million yuan in the first half of 2024, a year-on-year decrease of 24.23%, and realized net profit attributable to the parent company of 58 million yuan, a year-on-year decrease of 0.55%. the company predicts that the company will achieve operating income of 1,865,743,400 yuan in 2024, an increase of 1.67% over the previous year; the net profit attributable to the parent company's shareholders in 2024 is predicted to be 92.90 million yuan, a decrease of 3.67% over the previous year.