Jul 09, 2020 07:12 PM (GMT+8) · EqualOcean
TZTEK’s (天淮科技) main businesses include providing methods of industrial automation and intelligent products to customers. As an smart firm, it has shown an increasing trend in revenues. Specifically, it had net profits of CNY 31.63 million, CNY 51.58 million and CNY 94.47 million separately from 2016 to 2018. Apple is one of TZTEK’s top five customers, which accounted for 28.51% of firms’ operating incomes in 2018. Hence, it could say that the firm belongs to ‘Apple concept stocks’ (苹果概念股).