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Kuangda Technology: Xitouwei Remains in Investment Stage, with Depreciation and R&D as Primary Cost Drivers
2 day ago /
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Author：小编
Recently, Kuangda Technology disclosed in an institutional research report that Xitouwei, a company in which it holds an equity stake, is presently navigating a strategic investment phase. The bulk of its expenditures stem from depreciation and research and development (R&D) costs. Looking ahead to 2025, Xitouwei's revenue is projected to surge by 46% on a year-on-year basis. Bolstered by the expansion of production capacity, a rising share of high-margin automotive-grade products in its portfolio, and a diversified product range, the company is poised to attain profitability in the foreseeable future.
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