On April 17, Tongcheng New Materials unveiled its 2024 financial performance report, revealing impressive growth figures. The company's annual revenue surged to RMB 3.27 billion, reflecting an 11.1% year-on-year increase. Furthermore, net profit amounted to RMB 517 million, marking a robust 27.1% year-on-year growth. After excluding non-recurring gains and losses, net profit stood at RMB 416 million, indicating a 7.64% year-on-year rise.
