Changying Xinzhi Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 15, 2021 at 06:52 am EDT
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Changying Xinzhi Technology Co.,Ltd. announced earnings results for the nine months ended September 30, 2021. For the nine months, the company announced sales was CNY 2,564.925 million compared to CNY 1,981.318 million a year ago. Operating income was CNY 192.846 million compared to CNY 194.948 million a year ago. Net income was CNY 173.155 million compared to CNY 163.528 million a year ago. Basic earnings per share from continuing operations was CNY 0.4329 compared to CNY 0.4088 a year ago. Diluted earnings per share from continuing operations was CNY 0.4302 compared to CNY 0.4088 a year ago.
Xinzhi Group Co Ltd, formerly Changying Xinzhi Technology Co Ltd, is a China-based company mainly engaged in the manufacturing and sales of motor parts business. The Company's main products are automobile generator stator and assembly, micro motor rotor, electric bicycle stator and assembly, elevator traction machine stator, electric tool motor rotor, automobile variable valve timing system (VVT), household appliance motor rotor, among others. The Company's products are mainly used in automobiles, electric bicycles, household appliances, electric tools, special equipment and other fields. The Company is also engaged in the rental of houses and equipment, as well as investment business. The Company principally distributes its products in domestic and overseas markets.
XINZHI GROUP CO., LTD. 
