Reaching New Heights Across the Board, Creating New Growth Poles for Smart Manufacturing – XINJE 2024 Annual Performance Report

In 2024, XINJE demonstrated strong resilience in a complex and changing market environment, achieving operating revenue of 1.708billion Yuan (a year-on-year increase of 13.50%), net profit attributable to shareholders of 229million Yuan (a year-on-year increase of 14.84%), and total assets exceeding 3.216billion Yuan, with core businesses showing growth across the board.

Business Highlights:

PLC Products: Revenue of 648million Yuan (+21.09%), gross margin of 56.25%, firmly ranking second in the domestic small PLC market (market share of 9.5%).

Drive Products: Revenue of 806million Yuan (+10.57%), servo systems covering 100+ models, ranking second in mainland market share.

Intelligent Devices (Robots): Deep technical expertise, products covering 20+ models, accelerating deployment in emerging sectors.

Overseas Business: Revenue of 41.90million Yuan, a year-on-year increase of 39.63%, with global expansion yielding significant results.

Innovation-Driven: R&D investment accounting for 9.81% of revenue, holding 62 invention patents and 93 utility model patents, with ongoing Phase II construction of the technical center.

Future Strategy: Focus on key customer needs, deepen the dual-drive approach of "technological innovation + market expansion," increase investment in robotics, new energy, and other fields, and support high-quality development of smart manufacturing.

With steady performance and innovative capabilities, Xinje Electric continues to lead the new future of industrial automation!