Reported about 1 year ago
Zhenyu Hardware recently announced a consolidated revenue of 173.61 million yuan in May, showing a 7.77% increase from the same period last year and a 10.15% growth in overall revenue from January to May. The company attributed the revenue growth to the active housing market influence by favorable home purchase policies, with a strong increase in sales of construction tools and a significant rise in sales for electric tools. Zhenyu Hardware is also expanding its operations by opening a new store in Pingtung Chaozhou at the end of June, aiming to further penetrate the southern market. Additionally, the company is focusing on developing new products and branding strategies to appeal to younger consumers and participating in charitable activities to promote public welfare.
Source: YAHOO