Huaming Power Equipment Co.,Ltd. (002270.SZ) has released its annual report for 2025, revealing an operating revenue of 2.427 billion yuan, a year-on-year increase of 4.50%. Net profit attributable to shareholders of the listed company reached 710 million yuan, rising by 15.54% compared to the previous year. After adjusting for non-recurring gains and losses, the net profit stood at 671 million yuan, up 15.27% year-on-year. Basic earnings per share were 0.79 yuan. The company plans to distribute a cash dividend of 2.10 yuan per 10 shares (before tax) to all shareholders.
In 2025, the company's power equipment business generated revenue of 2.102 billion yuan, marking a 16.05% increase from the prior year. By maintaining strong partnerships with major domestic transformer manufacturers and leveraging advantages in technology, cost, and delivery capabilities, the company has capitalized on global market opportunities. It is also actively advancing its global strategy, evidenced by the establishment of a regional headquarters in Singapore, the commencement of operations at its Indonesia plant, and the stable performance of its Turkey facility. These developments have helped build a comprehensive overseas network spanning production, sales, and service, significantly enhancing market responsiveness and customer trust. As a result, the company achieved rapid growth in regions including Europe, Brazil, and North America. Direct and indirect exports of power equipment contributed 714 million yuan in revenue, surging 47.37% over the year.
The company's numerical control equipment business reported revenue of 244 million yuan in 2025, an increase of 39.86%, with export revenue reaching 112 million yuan, up 229.8% year-on-year.
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