Innovative DevelopmentA new R&D centre for innovative technologies will be established in the Hixih Group's industrial area in Shandong to protect intellectual property and to support all co-development activities and partnerships with local customers.
Revenue GrowthThe FY24 guidance, which has been confirmed as well as the mid-term targets, implies a yoy and sequential double-digit acceleration in top line and group’s margins above 14%.
Strategic ExpansionEntering India via M&A and signing a preliminary MOU for a strategic partnership in China are two important steps that pave the way for an expansion in the attractive Asian market.