Motorcomm fell 5.56%, with a net loss of 198 million yuan for the fiscal year 2024

Motorcomm fell 5.56% from its high, closing at 114 yuan, with a total market value of 9.12 billion yuan. In news, the company announced after the market yesterday that it achieved total operating revenue of 404 million yuan in 2024, an increase of 47.63% compared to the same period last year; it reported a net loss attributable to the parent company's owners of 198 million yuan, a decrease of 47.5077 million yuan compared to the same period last year. Additionally, the company will hold a product launch conference in the second quarter of 2025. Furthermore, it is reported that in terms of in-vehicle data transmission, the company's products have been applied to series such as BYD Yangwang and Tengshi