Hongfa Technology Co.,Ltd. (600885.SH) has released its 2025 annual report. During the reporting period, the company achieved operating revenue of 17.202 billion yuan, representing a year-on-year increase of 21.98%. Net profit attributable to shareholders of the listed company was 1.758 billion yuan, up 7.76% compared to the previous year. Net profit after deducting non-recurring gains and losses was 1.643 billion yuan, an increase of 8.44% year-on-year. Basic earnings per share stood at 1.20 yuan. The company proposed a cash dividend distribution of 3.47 yuan per 10 shares (before tax) to all shareholders.
Throughout the reporting period, the company achieved significant recognition, ranking 4th in the "2025 Top 100 Core Enterprises in China's Electronic Components Industry," its highest historical position. It also secured the 7th spot in the "2025 Fujian Top 100 Brand Value List," moving up two places from the previous year. Furthermore, it climbed to 73rd place in the "2025 Top 100 Enterprises in Electronic Information Competitiveness," a notable jump of 17 positions, which has further enhanced its corporate visibility and brand reputation.
The competitiveness of the company's relay products continued to strengthen during the period, with its leading advantage expanding further. From the perspective of downstream markets, the company not only consolidated its position in traditional stronghold markets such as home appliances and power grids but also achieved comprehensive breakthroughs in growth markets including new energy vehicles, charging and energy storage, and industrial automation. Notably, high-voltage DC relays performed exceptionally well in sectors like new energy vehicles, with sales revenue experiencing rapid year-on-year growth.
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