Search
Chengbang Co., Ltd.: Struggling Profitability of Its Subsidiary Xincun Electronics
1 week ago /
Read about 0 minute
Author：小编
Dongguan Xincun Chengbang Technology Co., Ltd., a controlled subsidiary of Chengbang Co., Ltd., specializes in the research and development, design, production, and sales of semiconductor memories. However, amidst escalating industry competition, the company has faced a challenging landscape, reflected in its consistently low gross profit margin over the past two years. In 2024, despite generating an operating revenue of 111 million yuan, Xincun Electronics managed to post a net profit of merely 933,800 yuan, barely scraping by in terms of profitability.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
