XINGYE TECH.(SZ:002674)2022-10-27 08:21Group 1: Financial Performance - The company achieved a revenue of 65.889 million yuan in Q3 2022, representing a year-on-year growth of 52.84% [4] - The net profit attributable to shareholders was 8.03461 million yuan, with a year-on-year increase of 30.76% [4] Group 2: Leather Business Overview - The existing leather business saw growth in both revenue and profit during Q3 2022 [4] - Domestic sales accounted for over 90% of the leather business, while overseas sales were less than 10% due to the impact of international market conditions [4] Group 3: Automotive Leather Supply - Hongxing Automotive Leather is a core supplier of genuine leather materials for several domestic new energy vehicle brands, including NIO and Li Auto [4] - The demand for automotive leather orders has increased due to the rapid growth in new energy vehicle sales, with a rising market penetration rate [4] Group 4: Order Expansion - Hongxing Automotive Leather maintains stable orders from existing clients and is actively expanding its customer base [4]