Yanfeng Technology: The Effectiveness of Recycling and Repairing is Newly Revealed with Collaboration with Red Dot’s Environmental Protection Policy
Yanfeng Technology announced on April 27, 2025, at 3:18 PM, that it has published its annual report for 2024. In 2024, the company demonstrated steady progress in its operations, achieving a revenue of 26.68 billion yuan, which represents an increase of 1.41% compared to the previous year. The net profit was 907.18 million yuan, showing a decrease compared to the prior year; however, the cash flow from operations reached 4.70 billion yuan, indicating a significant improvement in operational quality.
On a solid foundation of stability, Yanfeng Technology has continued to strengthen its revenue-generating capabilities, with annual revenue growth reaching 1.82 billion yuan, which is an increase of 8.32% year-on-year. Several key changes have emerged, reflecting Yanfeng Technology’s response to the uncertainties in external environments and its proactive development strategy.
Yanfeng Technology’s strategy focuses on enhancing its market position and production capabilities, particularly in the automotive sector. The company has already established a foothold in various regions, including Europe and North America, where it collaborates with several ODM/OEM partners to strengthen its supply chain.
In 2024, Yanfeng aims to continue expanding its product lines, particularly in new energy products, and is committed to enhancing its service offerings to improve customer engagement. The company has already secured CE, CB, and FCC certifications for various products, ensuring compliance with international standards.
Furthermore, Yanfeng is actively utilizing its advanced technologies and efficient supply chain management to enhance its service capabilities and rapidly respond to market demands.
As part of its strategy, Yanfeng plans to implement a new information system, which is set to optimize communication and operational efficiency across its facilities. The company is focused on enhancing the quality of its products and developing innovative solutions that cater to the evolving market needs.
By 2024, Yanfeng is projected to expand its market presence significantly, with plans to introduce products in over 100 countries and regions, particularly in Europe and North America, where its market share is expected to increase by over 50%.
Yanfeng Technology continues to strive for excellence in its operations and product offerings, maintaining a strong commitment to sustainability and innovation in the automotive industry.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/aviation-industry-update-enhancements-in-operational-efficiency-and-financial-performance/
