Xinte Electric: It is expected that the net profit will be between 40 million and 50 million yuan in 2025.
Xin Te Electric announced that it is expected to achieve a net profit of 40 to 50 million yuan in 2025, compared to a loss of 48.51 million yuan in the same period last year. During the reporting period, the company achieved a turnaround in its performance. On the one hand, it benefited from the company's technical accumulation and industry experience in the frequency conversion field, actively exploring downstream application markets for special transformers such as frequency conversion transformers, driving the business recovery; on the other hand, the company benefited from seizing market opportunities for the growth of the energy storage industry, continuously strengthening research and development investment and market development, and the energy storage business has entered a track of benign development, significantly narrowing the loss.
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