Shenzhen Sinexcel Electric Reports Half-Year Results with 12.91% Decline in Net Profit

Deep News08-18

On August 18, Shenzhen Sinexcel Electric Co.,Ltd. released its interim financial report for the first half of the year.

According to the announcement, the company recorded operating revenue of 1,362,270,335.38 yuan during the six-month period, representing a year-on-year decrease of 4.79%. Net profit attributable to shareholders of the listed company reached 158,062,743.75 yuan, marking a 12.91% decline compared to the same period last year.

The report also revealed changes in the company's shareholder structure. Among the top ten circulating shareholders, China Merchants Bank Co., Ltd. - CSI 1000 Exchange Traded Fund managed by Southern Asset Management and Yinhua Fund - China Life Insurance Company Limited - Traditional Insurance - Yinhua Fund Guoshou Equity Growth Stock Traditional Available-for-Sale Single Asset Management Plan have emerged as new circulating shareholders.

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