Xici Technology is going public. It's quite an impressive company, doing well in the field of magnetic sensors. Their products have a wide range of applications, including new energy vehicles and industrial automation.



Interestingly, they play an important role in photovoltaic inverters. I'm not sure exactly how important, but it sounds impressive.

The R&D capabilities seem to be very strong. The proportion of PhDs on the board is shockingly high, at 44%. There are also significant institutional investments, so the prospects look good.

Recently, the performance has been quite good. We have turned losses into profits, and profits are growing rapidly. The new energy vehicle sector has shown particularly outstanding performance, with astonishing growth rates.

However, there are also some troubles. The reliance on the photovoltaic industry is too heavy, which is a bit dangerous. The performance in industrial automation is not very good, which is somewhat concerning. There are also some efficiency issues that need to be addressed.

Overall, Xici Technology seems to have great potential. Green energy and smart manufacturing are becoming increasingly popular, and they might be able to ride this wave to greater heights. Let's wait and see.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)