freespinsnodepositmobilecasino| Xuelong Group: Net profit for the first quarter was 18.9138 million yuan

On the evening of April 29, Xuelong Group disclosed its quarterly report for 2024. During the reporting period, the company realized operating income 1.Freespinsnodepositmobilecasino0.1 billion yuan, an increase of 2% over the same period last yearFreespinsnodepositmobilecasino.07%FreespinsnodepositmobilecasinoNet profit 18.9138 million yuan, up 2.08% over the same period last year; deducting non-net profit 14.1239 million yuan, an increase of 26.34% over the same period last year

According to the data, Xue long Group focuses on internal combustion engine cooling system products and automotive lightweight plastic products.FreespinsnodepositmobilecasinoOur products are widely used in commercial vehicles, construction machinery, agricultural machinery and other fields. it is a national manufacturing champion demonstration enterprise and a national high-tech enterprise. it is the leading formulation unit of cooling fan industry standard of China Internal Combustion engine Standardization Technical Committee.

According to the statistical analysis of the China Association of Automobile Manufacturers, from January to March 2024, the production and sales of commercial vehicles completed 997000 and 1.033 million respectively, an increase of 5.1% and 10.1% respectively over the same period last year. In this context, Xuelong Group seize market opportunities, continue to promote transformation and upgrading, improve quality and efficiency, obvious competitive advantages of products, stable business performance, and the industry's leading position has been further consolidated.

It is worth noting that with the implementation of the "sixth National" emission standard, the market demand for electronically controlled clutch fan assembly products has greatly increased. In 2023, Xuelong Group's electronically controlled clutch sales increased sharply, with annual sales reaching 176000 sets, an increase of 79.3% over the same period last year.

Dong Mizhu Feifei of Xuelong Group said that the company's electronically controlled clutch can achieve continuously variable speed intelligent cooperative control of the heat dissipation system through ECU control, with rapid response and accurate control, which improves the temperature control silicone oil clutch affected by environmental temperature control, which brings a significant new growth point to the company.

"from the silicone oil clutch fan assembly (the average value of the bicycle is about 200yuan / set) to the electronically controlled silicone oil clutch fan assembly (the average value of the bicycle is about 1000 yuan / set), the value of the bicycle is increased by four to five times." Zhu Feifei said.

Looking forward to 2024, Zhu Feifei said that the company is cautiously optimistic about the development of the commercial vehicle industry. With the recovery of the domestic economy and the influence of favorable factors such as the effective support of exports and the promotion of national consumption policies, commercial vehicle sales are expected to rise in 2024. The continuous improvement of new energy penetration and the acceleration of intelligent electrification will bring new opportunities for the company's business development. "

(article source: China Securities News, China Securities Network)