Jiangsu Cai Qin Technology (688182.SH) achieved a net profit of 55.69 million yuan in 2024, an increase of 19.16% year-on-year.

Jiangsu Cai Qin Technology (688182.SH) released its annual performance report for 2024. During the reporting period, the company achieved total operating income of 412 million yuan, an increase of 11.33% year-on-year. It also achieved a net profit attributable to the owners of the parent company of 55.6909 million yuan, a 19.16% year-on-year increase. During the reporting period, the company continued to develop new products and expand into new markets. Changes in the product structure in this period drove the increase in the gross profit margin of the main business, as well as the decrease in share-based payment expenses and financial expenses compared to the same period last year.