Hollyland (002729.SZ) issued a profit increase forecast, with the net profit for the year 2024 expected to be between 33 million and 42 million yuan, an increase of 81.95% to 131.57%.

Hollyland (002729.SZ) has released its performance forecast for the year 2024, expecting a net profit attributable to shareholders of the listed company of 33 million to 42 million RMB, a year-on-year increase of 81.95% to 131.57%. During the reporting period, the steady recovery of the domestic economy and the rapid development of new productive forces have driven industry demand growth. The company has closely followed industry opportunities, deepened its core business, actively expanded in the field of new energy, and significantly increased sales of power fuses and accessories applied in the photovoltaic, energy storage, wind power, and other fields during the reporting period. At the same time, the company has continued to expand and optimize its product line, increase technological research and development, enhance sales channels, improve market competitiveness and market share, and promote performance growth.