Huayuan Shares: The company's R&D expenses in 2024 were 21.8788 million yuan.

Securities Daily, March 12 — Huayuan Co., Ltd. stated during a survey that the company’s R&D expenses for 2024 are 21.8788 million yuan, accounting for 4.15% of the operating revenue for 2024; from January to September 2025, the company’s R&D expenses are 16.3479 million yuan, accounting for 3.66% of the operating revenue during the same period.

(Editor: Chu Lijun)

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