Net profit of 8.687 million Hualing Xingma's revenue in the first quarter of 1.38 billion increased by 106.96%

On April 25, Valin Xingma Automobile (Group) Co., Ltd. released its first quarterly report for 2017. According to the report, Valin Xingma’s operating income for the first quarter of 2017 was 1.38 billion yuan, an increase of 106.96% year-on-year, of which, the net profit attributable to the shareholders of the listed company was 8.687 million yuan.

During the reporting period, Valin Xingma seized the opportunity of the domestic macroeconomic and fixed assets investment recovery to continue to promote the marketing system innovation and market transformation; actively promote product structure adjustment, improve the company's product sales model, expand product sales channels, improve Product sales revenue. During the reporting period, the company’s sales of heavy trucks and special-purpose vehicle products increased significantly.