Chongqing Sokon Industry Group Stock (601127.SH): Intends to introduce Chongqing state-owned assets, net profit turned positive in the first quarter.

On April 29th, Chongqing Sokon Industry Group Stock (601127.SH) announced that Chongqing State-owned Assets intends to become a significant investor in the listed company. This move will not only optimize the company's governance structure, but also further demonstrate the strong support of state-owned capital for Chongqing's leading new energy automotive representative enterprises, promoting the listed company to play a leading role in the industry chain and laying a favorable foundation for subsequent supply chain improvements and industry resource synergy. As an important automobile production base in Southwest China, Chongqing has been actively promoting the development and transformation of the automotive industry for a long time, and building a modern manufacturing cluster represented by intelligent connected vehicles is also an important part of promoting the high-quality development of Chongqing's manufacturing industry. As a key local enterprise supported by Chongqing, Chongqing Sokon Industry Group Stock adheres to the path of "cars defined by software" and insists on the development of intelligent electrification integration. By implementing the innovation-driven development strategy in depth and relying on research and development and intelligent manufacturing capabilities, it continuously accelerates the transformation of the new energy vehicle industry from quantitative changes to qualitative changes. Data shows that in the first quarter of this year, Chongqing Sokon Industry Group Stock's sales of new energy vehicles reached 94,825 vehicles, a year-on-year increase of 374.77%, significantly surpassing the industry average. The first quarter report of Chongqing Sokon Industry Group Stock in 2024 achieved a net profit of 220 million yuan, with a gross profit margin of 21.5%; and a revenue of 26.561 billion yuan in the first quarter, a year-on-year increase of 421.76%.