Lifan Industry Group reports profit, focuses on electrification and tech

** Chongqing Qianli Technology Co., Ltd. (SSE: 601777) achieved a notable turnaround in 2024, reporting a net profit attributable to shareholders of CNY 40,017,239.66, a 65.28% increase year-over-year. Looking ahead, the company is strategically prioritizing electric vehicles and AI-driven technologies. A core strategy involves a "dual-wheel drive, dual-polarization牵引" approach, balancing terminal sales with technological innovation and integrating AI and international strategies. The financial boost is credited to increased sales volume and enhanced profitability across its primary business sectors, especially automotive.