Xinhao Photoelectricity Technology: The consumer electronics industry is currently in the bottoming phase

On May 13th, Xinhao Photoelectricity Technology stated at the performance briefing that the consumer electronics industry is currently in a bottoming phase. With the acceleration of supply clearance and capacity optimization and upgrading, it is expected to gradually welcome improvements in supply and demand and prices in the future. Since the beginning of this year, with the implementation of related fundraising projects and acquisition targets, the Shanxi investment frequency modulation power station is about to be connected to the grid, coupled with the orderly advancement of the automotive glass business and laptop glass business, the company is striving to achieve a halt in losses and a reduction in losses by 2025