
Automotive applications have the most eye-catching growth. Dingji Advanced Materials, a leading high-tech film manufacturer, today announced revenue of 287 million yuan in October.
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Dingji Advanced Materials is a leading manufacturer of high-tech membranes, with its main business covering automotive, industrial, medical and electronics applications.
Automotive applications have the most eye-catching growth. Dingji Advanced Materials (6585), a leading high-tech film manufacturer, announced today that its revenue in October was 287 million yuan, a monthly increase of 18.1% and an annual increase of 37%. The cumulative revenue for the first ten months of October was 2.762 billion yuan, which was close to last year's full revenue. Both revenue set a new high for the same period in history.
Regarding the performance of each product line in October, Dingji pointed out that the growth of automotive applications was the most prominent. Among them, high-end protective films grew by double digits compared with last month and doubled year-on-year, significantly boosting revenue growth this month; followed by industrial applications, which saw double-month performance growth; while medical applications were affected by the high base period and were slightly weaker than last month and the same period last year; electronics had limited performance contribution due to cooperating with customers' delivery schedules.
Looking forward to the fourth quarter, Dingji is optimistic that high value-added core applications will still be an important driving force to support operating performance. In particular, automotive applications have entered the traditional peak season for shipments, with strong momentum for shipments, and performance is expected to show quarterly growth. In terms of medical applications, customer order volume has also gradually recovered, and orders have been scheduled to the second quarter of next year, laying the foundation for subsequent operations. It is cautiously optimistic about the fourth quarter.
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