Shengquan Group Records Net Profit of 207 Million Yuan in Q1, Up 50.46% Year-on-Year
2025-04-17 / Read about 0 minute
Author:小编   

Shengquan Group reported revenue of 2.459 billion yuan in the first quarter of 2025, marking a 15.14% increase from the previous year. Furthermore, the company achieved a net profit of 207 million yuan, reflecting a substantial 50.46% year-on-year growth. This robust performance can be attributed to the advancement in AI computing power and high-frequency communication sectors, coupled with the escalating demand for high-energy-density batteries. These factors have significantly boosted orders for the company's cutting-edge electronic materials and battery materials.