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The EV charger market is showing high prosperity, and related listed companies are benefiting from their performance

The EV charger market is showing high prosperity, and related listed companies are benefiting from their performance

Aug 02, 2024

The EV charger market is showing high prosperity, and related listed companies are benefiting from their performance

According to AI News, on the evening of August 1st, Daotong Technology disclosed its 2024 semi annual report. In the first half of this year, the company achieved a total operating revenue of 1.842 billion yuan, a year-on-year increase of 27.22%; Realize a net profit attributable to the parent company of 387 million yuan, a year-on-year increase of 104.51%. In addition to Daotong Technology, Shenghong Shares, one of the representative companies in the energy storage industry and charging piles, also recently disclosed its 2024 semi annual report. The announcement shows that the company achieved a total operating revenue of 1.431 billion yuan in the first half of this year, a year-on-year increase of 29.84%; The net profit attributable to the parent company was 181 million yuan, a year-on-year increase of 0.02%. Recently, several listed companies related to the charging pile industry have also disclosed performance forecast announcements, including Teruide and Jinbei Electric. Teruide expects its net profit attributable to the parent company to increase by 90% to 120% year-on-year in the first half of the year. Industry insiders believe that the combination of strong policy driving forces, high market demand, diverse application scenarios, and scale driven breakthroughs in the industrial chain has prompted the charging pile industry to enter a high prosperity cycle. 

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