Weichai Heavy Machinery: It is expected that the net profit will increase by 45% to 75% year-on-year by 2025.

Weichai Heavy Machinery announced that it is expected to achieve a net profit of 2.13 billion to 2.57 billion yuan in 2025, a year-on-year growth of 45% to 75%. The company is seizing the growth opportunities brought by industry policy support and the demand driven by the rapid growth of emerging industries. Focusing on the two main businesses of ships and power generation, the company is optimizing its business structure, increasing sales efforts, and promoting cost reduction and efficiency improvement measures, leading to a significant increase in performance. In addition, its wholly-owned subsidiary, Chang Bo Company, achieved reduced losses compared to 2024.