First of all, in the financial report of the first quarter of 20021,the performance of Ji Tai shares increased significantly, achieving revenue of 998 million yuan, up 55.87% year-on-year, and net profit of1020,000 yuan, up 86.52% year-on-year. The company said that this performance growth was mainly due to the continuous growth of the market demand for communication network equipment and the continuous improvement of the company's product technology and service quality.
Secondly, Ji Tai has also made a breakthrough in business development. The company reached a strategic cooperation agreement with Dahua Co., Ltd., and will jointly develop and sell smart transportation solutions, and will jointly enter the smart city market. This will help the company to expand new business areas and enhance market competitiveness.
Finally, Ji Tai has also made progress in the copper foil material business. The company signed a strategic cooperation agreement with Toray Co., Ltd. of Japan to develop the next generation of high-performance copper foil materials, and authorized and imported the other products. This cooperation will bring new opportunities for the company to explore the international market and enhance its competitiveness in the field of materials.
In short, Ji Tai has good news to look forward to in the fields of performance growth, business development and materials. The company will continue to strengthen technology research and development and product innovation, constantly improve market competitiveness and create more value for shareholders.