Wanxiang Doneed revenue and profit fall in first half of 2025

Wanxiang Doneed Co. will host its 2025 semi-annual performance briefing on September 5, 2025, from 11:00-12:00, via the Shanghai Stock Exchange Roadshow Center. This follows the release of the company's 2025 semi-annual report on August 27, 2025. Investors can submit questions between August 29 and September 4, 2025. Key personnel, including general manager Chen Yiyuan and financial controller Wei Min, will attend.

The company's board of directors, at its second meeting on August 26, 2025, approved the 2025 semi-annual report and decided to re-appoint Zhong Shenzhonghuan Certified Public Accountants (Special General Partnership) as the financial and internal control audit institution for 2025, with an audit fee of 700,000 yuan. These resolutions will be submitted for approval at the second extraordinary general meeting of shareholders on September 11, 2025.

For the first half of 2025, Wanxiang Doneed reported a total operating income of 117.2 million yuan, a decrease of 24.39% compared to the previous year. Net profit attributable to shareholders was 24.85 million yuan, down 39.33%. Total assets stood at 711.8 million yuan, a 12.05% decrease, and net assets attributable to shareholders were 554.8 million yuan, a 3.32% decrease.