Xie Zhihong, Chairman of Shanghai Hengru Investment Management Co., Ltd., stated that in the first quarter report, the gross profit margin of petrochemical, building materials, public utilities, and electronic communications mostly increased; The performance improvement of precious metals, special steel, rubber, etc. is significant; The revenue growth rate of mechanical equipment has improved month on month; The net profit growth rate of specialized equipment, rail transit equipment, and automation equipment is higher than 20%; The growth rates of net profit attributable to shareholders for commercial vehicles and automotive components were 55% and 48% respectively, indicating relatively good performance.
Xie Zhihong, Chairman of Shanghai Hengru Investment Management Co., Ltd., stated that in the first quarter report, the gross profit margin of petrochemical, building materials, public utilities, and electronic communications mostly increased; The performance improvement of precious metals, special steel, rubber, etc. is significant; The revenue growth rate of mechanical equipment has improved month on month; The net profit growth rate of specialized equipment, rail transit equipment, and automation equipment is higher than 20%; The growth rates of net profit attributable to shareholders for commercial vehicles and automotive components were 55% and 48% respectively, indicating relatively good performance.