Motic Electric Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2022

Motic Xiamen Electric Group Co Ltd is a China-based company principally engaged in the digital medical, smart optics, and smart electrical businesses. The Company operates three segments. The Electrical Business segment mainly produces and sells insulation products and other related components for the power transmission and transformation industry and is engaged in the technology research and development and operation of the energy Internet. Its main products include three-phase or single-phase basin insulators, insulating tie rods, sealed terminals, Solid-sealed poles, bushings, pillar insulators and insulating devices for maglev and electrified railways. The Optical Business segment mainly produces and sells instruments, meters, electronic products, optical, mechanical, and electrical integration products, microscope system integration and other products. The Medical Business segment mainly produces and sells medical testing products and provides medical diagnostic services.