Reported 8 months ago
Juxiang (2476), a stamping parts manufacturer, has successfully transformed in recent years by expanding into the automotive and medical product sectors and increasing production capacity to enhance gross profit margin and operational momentum. With new factories in Taoyuan, China, and the Philippines expected to be completed in the second half of this year, along with an increase in sales of automotive, medical, and industrial equipment, Juxiang's future operations and gross profit margins are expected to rise gradually. The company's focus on reducing the proportion of consumer electronics products by expanding into automotive and medical markets has shown positive results. The company plans to achieve a balanced portfolio by 2025, with automotive, 3C, and industrial equipment products each accounting for one-third of total revenue.
Source: YAHOO