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Guoxuan High-Tech's 2024 annual report highlights a stellar financial performance, with the company's revenue soaring to an all-time high of 35.392 billion yuan, marking an 11.98% year-on-year increase. Notably, overseas revenue surged significantly, jumping 71.21% to reach 11.005 billion yuan. Shareholders also benefited from a robust 28.56% year-on-year growth in net profit, totaling 1.207 billion yuan. Additionally, non-recurring net profit witnessed an impressive 125.86% year-on-year increase, amounting to 263 million yuan.
According to SNE Research data, Guoxuan High-Tech holds a prominent position in the global LFP battery market, ranking third with a market share of 6.18%. In the burgeoning field of energy storage batteries, the company further solidified its position, with shipments increasing by a remarkable 200% year-on-year and securing a market share of 6%.
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