After AI express, investors ask questions on the investor interaction platform: looking at the company’s gross profit margin is basically on the rise in recent years, is it mainly due to the rise in product prices or the decline in costs such as scale effect or technological transformation?
Guang Dong Fenghua Advanced Technology (Holding) Co.Ltd(000636) ( Guang Dong Fenghua Advanced Technology (Holding) Co.Ltd(000636) . SZ) said on the investor interaction platform on March 20 that the increase in the gross profit margin of the company’s products benefited from the impact of market supply and demand on the one hand, and from the company’s continued increase in R & D investment, focusing on the improvement of the technical level of its main products. New breakthroughs have been made in the production rate of high-end products and the expansion of high-end market on the other hand.