Aug 29, 2025 04:21 PM (GMT+8) · EqualOcean
On August 27, Huafeng Co. (华丰股份) reported 2025 interim revenue of CNY 373M (-33.1% YoY) and net profit of CNY 13.15M (-71.94%), with net profit after extraordinary items down 74.66% to CNY 11.55M. The drop was driven by declines in diesel engine and core component businesses amid the new energy transition, as well as India market setbacks from customer strategy changes and visa restrictions. Generator set exports for telecom base stations rose, with shipments to the Philippines, Pakistan, Congo, and Nigeria. Huafeng is pivoting to data center backup power, partnering with Shanghai Jipian AI Technology (上海极篇AI科技), delivering five generator sets in the first batch, and planning a CNY 20M strategic investment to develop an “energy + computing power” model.

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