Biwin Storage Reports 2025 Net Profit of 867 Million Yuan, Surging 437.56% Year-on-Year

Stock News02-28

Biwin Storage Technology Co.,Ltd. (688525.SH) has released its preliminary annual results for 2025. The company achieved total operating revenue of 11.296 billion yuan, representing a year-on-year increase of 68.72%. Net profit attributable to shareholders of the parent company reached 867 million yuan, a significant surge of 437.56% compared to the previous year.

The company has developed a differentiated competitive advantage through years of focus on the smart wearables sector. Its representative storage products, such as ePOP, offer advantages including low power consumption, fast response, and a slim, compact form factor. These high-performing products have been integrated into the supply chains of renowned domestic and international AI/AR smart glasses manufacturers, including Meta, Rokid, Thunderbird Innovation, and Sharge. They are also supplied to leading global smart wearable brands such as Google, Xiaotiancai, and Xiaomi.

In 2025, revenue from the company's emerging AI end-side storage products amounted to approximately 1.751 billion yuan. Within this segment, storage products for AI smart glasses generated revenue of about 960 million yuan. For 2026, as AI glasses see a significant increase in volume shipments and the company deepens its collaboration with key clients like Meta, the related storage product business is expected to maintain its rapid growth trajectory.

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