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Fogchip Technology (NYSE: RLX) announced its unaudited financial report for the second quarter of 2024 on August 16th, benefiting from a significant year-on-year increase in overseas market revenue in the second quarter. According to the financial report, Wuxin Technology's net revenue for the second quarter of 2024 was RMB 630 million (USD 86.3 million), a month on month increase of 13.7% and a year-on-year increase of 65.9%. Under non GAAP accounting standards, the adjusted net profit for the second quarter was RMB 210 million (USD 29.32 million), an increase of 2.7% month on month and 147.1% year-on-year.
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