Lixun Precision: automotive electronics is one of the company's important businesses.

On December 28, Lixun Precision said on the interactive platform that automotive electronics is one of the company's important businesses, and the company has a deep layout in this field. It has the ability to provide customers with automotive power solutions such as high voltage and high current, as well as related automotive wiring harness, electronic modules and other products and services.

Tianyan check shows that Lixun Precision Industry Co., Ltd. is a company specializing in the research, development, production and sales of connectors, with computer connectors as its core products. at the same time, it is gradually entering the field of automotive connectors, communications connectors and high-end consumer electronics connectors to expand new product markets. Lixun Precision's main business is the production and operation of connectors, connectors, computer peripherals, plastic hardware products.

It is reported that at present, Lixun's main business is mainly composed of four parts: consumer electronic products, computer interconnection products, communication Internet products, automotive Internet products. Among them, consumer electronics products account for nearly 85% of business income, which is the main contribution to performance. That is to say, after years of strategic layout, Lixun Precision has become one of the few precision manufacturing platform enterprises in China.

In 2012, Lixun Precision acquired Fujian Yuanguang Electrical equipment Co., Ltd., and entered the field of automotive electronics. After years of mergers and acquisitions, not only enable Lixun Precision to achieve its own expansion at a relatively low cost, but more importantly, further help it achieve horizontal expansion of its business. Over the past few years, Lixun Precision has gradually cut into the consumer electronics industry chain, communications, automotive electronics, wearability, acoustics, camera modules and other fields from connector business to consumer electronics industry chain, communications field, automotive electronics field, wearable field, acoustics field, camera module and other fields. The product line and application fields continue to expand and break through, and lay the foundation for its growing performance.

In terms of financial data, in the first three quarters of this year, Lixun Precision realized revenue of 23.076 billion yuan, an increase of 40.75% over the same period last year, while net profit belonging to shareholders of listed companies was 2.142 billion yuan, an increase of 54.54% over the same period last year. Lixun Precision also disclosed that revenue in the first three quarters was 59.528 billion yuan, an increase of 57.33% over the same period last year, while net profit belonging to shareholders of listed companies was 4.68 billion yuan, an increase of 62.06% over the same period last year.