Listed companies in Beijing E-Town have released their operating reports for the first half of the year. Despite challenges, many companies have achieved growth in revenue and net profit.

The new generation of information technology benefits from growing market demand

NAURA Technology Group recently disclosed its semi-annual performance forecast, which shows that it generated a profit of 714 million yuan ($105.67 million) to 807 million yuan in the first half of 2022, an increase of 130 percent to 160 percent over the same period of the previous year. 

NAURA is engaged in research and development, production, sales and technical services of basic semiconductor products. The main products are electronic process equipment and electronic components. It is a high-end electronic process equipment supplier and an important high-precision electronic component production base.

Workshop of NAURA Technology Group [Photo/kfqgw.beijing.gov.cn]

StarNeto released its performance forecast on July 13. It is expected that the net profit attributable to shareholders of listed companies in the first half of the year will be 33 million yuan to 35 million yuan, a year-on-year increase of 1.92 percent to 8.1 percent. 

Affected by the pandemic, some products of StarNeto that had been stocked in the first quarter failed to complete the delivery. But the company adjusted its strategy, accelerated market development, and managed to reverse the unfavorable situation in the first quarter.

The good development momentum of these listed companies is closely related to the policy guidance and support of Beijing E-Town. 

This April, the China Securities Regulatory Commission, the State-owned Assets Supervision and Administration Commission, and the All-China Federation of Industry and Commerce issued a notice on further supporting the healthy development of listed companies. They adopted 12 practical measures to stabilize the market. 

In this regard, Beijing E-Town has implemented various measures to support listed companies and promote sustainable development.

Currently, Beijing E-Town has initially established the listed enterprise database, and the intermediary agency resource database, and has continuously improved the listing service system.