In the second half of 2022 and the first half of 2023

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In the second half Affect by the downward trend in the global macroeconomy and the decline in

consumer purchasing power, the demand in the consumer electronics market show a phas downward

trend. Starting from the second half of 2023, the consumer electronics industry represent by smartphones will gradually recover.

Bas on current operating conditions, orders in guinea email list 100000 contact leads hand and market environment, Junwei Electronics

expects its operating income in 2024 to be approximately RMB 600 million to RMB 680 million,

a yearonyear increase of 6.39% to 20.57%; it expects net profit attributable to parent company shareholders in 2024 to be RMB 103 million to RMB 115 million, a yearonyear increase of 14.55% to 27.89%.

From 2021 to the first half of 2024

Junwei Electronics’ main business gross profit margin was 48.86%, 47.36%, 46.23% and 47.08%

respectively, which was higher than the average gross profit margin of comparable companies in the same industry.

In recent years, the current sensing precision identity guard review: is it really that good? (2023 features and cost) resistor and fuse industry has developed rapidly.

In addition to Junwei Electronics, overseas and Taiwan’s leading companies such as

Yageo, Qiankun, Dayi, Littelfuse, EATON, Schurter, and SOC also occupy a strong dominant position in the industry. In addition, some mainland Chinese companies with strong R&D and design capabilities and technological accumulation have gain corresponding competitive advantages in product manufacturing and other aspects by improving product quality, improving production processes and product innovation.

Junwei Electronics faces the risk of intensifi market competition

According to QY Research and company philippines numbers revenue data, in 2023, Junwei Electronics rank third in the global current sensing precision resistor market with a market share of 7.86%. Currently, the main share of the global fuse industry is occupied by overseas companies. According to data from Paumanok Publications Inc. and Kaiyuan Securities, the company’s share of the global fuse market in 2023 will be 0.92% In the second half.

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