Chongqing Machinery & Electric expects strong 2025 performance
Chongqing Machinery & Electric Co., Ltd. anticipates solid year-on-year growth in both operating revenue and total profit for 2025, expecting to meet its annual operational targets. This positive outlook follows reverse roadshow investor engagement activities on November 5 and 6, 2025, and is based on operational performance from January to October 2025 and unaudited financial statements. The company attributes this performance to proactive responses to market changes, optimized internal management, and enhanced lean efficiency across its business segments.
Key project advancements include the development of the nation's first Fourth Generation Nuclear Power Lead Bismuth Main Pump engineering prototype, mass production of low-wind-speed blade products, and the commencement of batch supply for high-efficiency motor-specific electromagnetic wire. Additionally, the High-Performance Gear Cutting Tools Key Process Machining Capability Project is nearing full-scale production. Affiliate Chongqing Cummins Engine Co., Ltd. projects solid year-on-year growth, surpassing historical highs, while Chongqing Hitachi Energy Transformer Co., Ltd. anticipates robust growth driven by global grid upgrades and increased power infrastructure investment.
The company's 15th Five-Year Plan draft is underway, focusing on clean energy and high-end intelligent equipment, leveraging technological innovation to expand into new markets. It aims to foster a synergistic industrial ecosystem, accelerating its transition from "core equipment" to "complete sets of equipment" through strategic investments and collaborations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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