Aoyang Shunchang Q1 achieved a net profit of 31.34 million, a year-on-year increase of 37.8%

Aoyang Shunchang (002245) released a quarterly report on Monday evening. The company achieved a net profit of 31.393 million yuan in the first quarter of 2014, a year-on-year increase of 37.8% and earnings per share of 0.08 yuan. The company's profit for the same period last year was 2,724,400 yuan.

During the period, the company achieved operating income of 334 million yuan, an increase of 12.08%. The company said that LED projects gradually contributed profits, resulting in a growth in net profit.

Aoyang Shunchang expects net profit of 58.48 million yuan to 67.47 million yuan in the first half of 2014, an increase of 30% to 50%.

Automotive Wire

Automotive wire is a type of wire used in the construction of vehicles. It is designed to meet the specific needs of the automotive industry, including resistance to high temperatures, vibration, and abrasion. Automotive wire is used in a variety of applications, such as wiring harnesses, electrical systems, and battery cables.

Automotive wire is typically made of copper or aluminum, which are both highly conductive metals. The wire is coated with insulation material, such as PVC or polyethylene, to protect it from moisture and other environmental factors. The insulation also helps to prevent short circuits and electrical fires.

Automotive wire comes in different gauges, or thicknesses, to accommodate different current loads. Thicker wire is used for high-current applications, such as starter motors and alternators, while thinner wire is used for low-current applications, such as interior lighting and radio systems.

Overall, automotive wire plays a critical role in the safe and reliable operation of vehicles. Proper selection and installation of automotive wire is essential to ensure that electrical systems function properly and that the vehicle operates safely.

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