Zongshen Power: It is expected that the net profit in the first half of 2025 will increase by 70% to 100% compared to the previous year.

Zongshen Power announced that the net profit attributable to shareholders of the listed company from January 1, 2025 to June 30, 2025 is expected to be between 479 million and 564 million yuan, an increase of 70% to 100% compared to the same period last year, which was 282 million yuan. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 456 million and 536 million yuan, an increase of 70% to 100% compared to the same period last year, which was 268 million yuan. Basic earnings per share are expected to be between 0.4185 yuan per share and 0.4924 yuan per share. The performance growth is mainly due to the increase in the scale of the general machinery business and motorcycle engine business, as well as the improvement in income from investments in joint ventures.