Sieyuan Electric Co., Ltd. Class ASZSE: 002028

Sieyuan Electric: Revenue and profit surged, but cash flow turned negative amid rapid expansion

· Issued by Sieyuan Electric Co., Ltd. Class A

Revenue and net profit grew 37.8% and 45.7% year-over-year, with overseas sales nearly doubling and R&D investment up 25.95%. Operating cash flow turned negative due to inventory buildup, while the company advanced major new energy and GIS projects.

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