Universal Qian Chao boosts production of auto parts


G Qianchao (Quote, Forum) (000559) realized the main business income of 169,396,600 yuan in the first half of the year, an increase of 12.94%; the main business profit of 315,558,700 yuan, an increase of 11.24%; realized net profit of 75,079,800 yuan, an increase over the same period 6.94%.

During the reporting period, the company focused on establishing a system integration support center for automotive OEMs to achieve transformation and upgrading of products and markets, and focused on the “integrated supplier of auto parts and components—integrated modular supplier of system components—the ultimate international integration. "The goal of development. As one of the major professional auto parts production bases for independent automobile systems in China, G Qianchao (Quote, Forum) auto parts production has basically maintained stable growth. The automobile manufacturing industry realized main business income of 2.324 billion yuan, a year-on-year increase of 20.90%. The gross profit rate of the transmission system and bearing system decreased slightly compared with the same period of last year, but the gross profit rate of the chassis system increased slightly by 0.40% year-on-year.

From the perspective of sales by region, sales revenue in East China ranks first in the country, with sales revenue of RMB 1.715 billion, up 6.58% year-on-year; sales in the Northwest China are only RMB 631.51 million, but sales growth is 1219.16% year-on-year. In addition, sales in Central and South China have also increased significantly.



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