Hongfa(600885) 搜狐财经·2025-05-31 08:30Group 1 - The core viewpoint of the news is that Hongfa Technology Co., Ltd. has shown a positive financial performance in 2024, with a revenue increase driven by demand in the home appliance and new energy markets [2][3] - As of May 30, 2025, Hongfa's stock price closed at 32.76 yuan, down 3.22% from the previous week, with a market capitalization of 34.158 billion yuan, ranking 5th in the electric grid equipment sector [1] - The company achieved a revenue of 14.102 billion yuan in 2024, reflecting a year-on-year growth of 8.95% [2][3] Group 2 - Hongfa's global market share for relay products stands at 23.10%, making it the market leader [2] - The company has three production bases in China and factories in Indonesia and Germany, with overseas sales accounting for 31.77% of total revenue in 2024 [2] - Hongfa maintains an AA credit rating for both its main entity and convertible bonds, with a stable outlook [2][3]