Hangzhou Changchuan Technology Co. Ltd. Class ASZSE: 300604

Hangzhou Changchuan Technology: 2024 revenue and profit soared, fueled by R&D and market expansion, despite margin pressure

· Issued by Hangzhou Changchuan Technology Co. Ltd. Class A

Revenue and net profit surged 105% and 915% year-over-year, driven by industry recovery, R&D, and product expansion. Gross margin slightly declined, but cash flow and asset base strengthened. Major investments and new subsidiaries support future growth.

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