East Group Co.Ltd(300376) : revenue in the first quarter increased by 95.32% year-on-year

East Group Co.Ltd(300376) ( East Group Co.Ltd(300376) ) released the report for the first quarter of 2022 on April 28. In the first quarter, the operating revenue was 1.34 billion yuan, a year-on-year increase of 95.32%; The net profit attributable to the shareholders of the listed company was 986923 million yuan, a year-on-year increase of 29.38%. The announcement said that it was mainly due to the income growth of the company’s data center business, photovoltaic system integration business, new energy vehicle charging facilities and equipment business during the reporting period.

Statistics show that East Group Co.Ltd(300376) is mainly engaged in the R & D, production and sales services of 5g + smart power supply, big data and smart energy. Its main products include: UPS, IDC micro module, high-voltage DC power supply, communication power supply, power supply, inverter, charging pile, power exchange cabinet, PCs, lithium battery series, precision air conditioning, intelligent power distribution, etc., providing users with high-end power equipment, data center, charging pile 5g power supply, energy storage, rail transit intelligent power supply system, optical storage and charging integrated system and other products and energy efficiency solutions.

East Group Co.Ltd(300376) 2021 annual report shows that in 2022, the company will continue to keep up with the general trend of global industrial digitization and carbon emission reduction, actively respond to the strategic national policies, seize the opportunities of the times, continue to increase investment in R & D and innovation, continuously improve its core competitiveness such as independent intellectual property rights, high-quality brand image and strong sales network, and accelerate the implementation of the layout of the 14th five year plan.

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