Zhejiang Oriental’s revenue in the first quarter increased by 19.43%, with strong growth in financial business_Oriental Fortune Net

April 28,Zhejiang OrientalDisclose the first quarterly report of 2022.Focusing on the national and provincial strategies, focusing on the main financial business, leveraging synergy advantages, and building a financial control platform, the company operates in the first quarterperformanceGetting a “Good Start”: RealizationOperating income4.909 billion yuan, a year-on-year increase of 19.43%;net profit39.9389 million yuan. It is worth mentioning that during the reporting period, the company’s financial business grew strongly, with revenue up 33.75% year-on-year and net profit up 40.98% year-on-year.

Another highlight in the quarterly report is,Zhejiang OrientalThe business segment is closely coordinated with the core region of the Yangtze River Delta, contributing financial strength to regional development.

As early as February this year,Zhejiang OrientalshareholderZhejiang International Trade Group signed a contract with the Wenzhou Municipal Government to jointly promote the construction of the Common Prosperity Demonstration Zone. Based on the endowment of financial resources, the company helps Wenzhou build a sample of the common prosperity demonstration area. At the same time, the company and the Wenzhou Research Institute of the University of Chinese Academy of Sciences jointly built a high-level innovation platform. Through the optimal allocation of new economic factors such as talents, data, intellectual property rights, and funds, the number and quality of scientific research achievements have been promoted to a new level.

In March of this year, the Sino-Korea Life Insurance Company under Zhejiang Oriental successfully signed a contract for the capital increase project, and introduced 5 external investors located in the core area of ​​the Yangtze River Delta, including Changxing Financial Holdings, Wenzhou Guojin, Wenzhou Electric Power, Wenzhou Delivery and Zhengyu Investment. Zhejiang and the Yangtze River Delta region have made positive contributions to economic development and social stability.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: Zhejiang Dongfang’s first-quarter revenue increased by 19.43%, with strong growth in financial business