China’s Technology Sector Projected to See 6% Growth in 2024 and 18.37% Increase in 2025

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China National Technology projects a revenue growth of 6% for the year 2024 and an increase of 18.37% in the first quarter of 2025. As of April 28, 2025, at 16:00, the China National Technology announced its 2024 revenue forecast.

In 2024, the company expects to generate 480.55 billion yuan, representing a year-on-year increase of 6.63%. This growth is largely attributed to the continuous development of its main business sectors, including the energy and telecommunications networks. Factors such as enhanced operational efficiency and increased financial expenditures are also expected to contribute to the growth.

In the energy sector, the company is set to achieve substantial advancements in offshore wind power technology, aiming to reach a national level of technical capability in this field.

Additionally, China National Technology plans to continue strengthening its telecommunications capabilities, enhancing infrastructure, and increasing service efficiency. By 2025, it is projected that the company will realize a revenue of 97.56 billion yuan in the first quarter, reflecting a year-on-year growth of 18.37%.

For the first quarter of 2025, the company expects to report a revenue of 97.56 billion yuan, marking an increase of 18.37% compared to the previous year. The operational performance is anticipated to reflect an increase of 20.45% in profit, amidst rising market demands.

In the telecommunications sector, China National Technology is focusing on enhancing its capabilities and expanding its presence in the market, with particular emphasis on innovative technological solutions and improved service offerings.

Looking ahead, China National Technology aims to implement a three-year strategic plan, emphasizing sustainable development and operational excellence, with a commitment to advancing new technologies and further enhancing its competitive edge in the market.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinas-technology-sector-projected-to-see-6-growth-in-2024-and-18-37-increase-in-2025/

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