Financial PerformanceAdjusted net income surged by 68.1% year over year to Rmb131mn, reaching an adjusted net margin of 27.3%.
Global ExpansionZylox is actively establishing a localized commercial team globally, and as overseas sales scale expands, gross profit margin is expected to be similar to that of the China business level.
Market OpportunitiesVBP guidelines are becoming more lenient, allowing new entrants to participate at the average bidding price from the last round, which should benefit quality new domestic entrants like Zylox.