Huichuan Technology released its semi-annual report for 2023. In the first half of the year, Huichuan Technology achieved a total operating revenue of 12.451 billion yuan, an increase of 19.76% year-on-year; achieved a net profit attributable to the listed company shareholders of 2.077 billion yuan, an increase of 5.17% year-on-year; and achieved a net profit attributable to the listed company shareholders after deducting non-recurring gains and losses of 1.867 billion yuan, an increase of 7.05% year-on-year.

The semi-annual report shows that Huichuan Technology mainly provides industrial automation core components and solutions such as frequency converters, servo systems, high-performance motors, sensors, machine vision, etc. for automation equipment and automation lines; provides elevator electrical system solutions for the elevator industry; provides electric drive and power system solutions for new energy vehicle industry; provides traction and control system solutions for the rail transit industry; and provides industrial robot products and solutions for automation lines, workshops and factories.