Jiecang Driven reports strong revenue and profit growth in first half

Zhejiang Jiecang Linear Motion Technology Co., Ltd. reported robust financial performance for the first half of 2025, with operating revenue increasing by 27.31% to 2.01bn yuan compared to the same period last year. Net profit attributable to shareholders surged by 43.29% to 271.05m yuan, while net profit attributable to shareholders excluding non-recurring gains and losses increased by 65.87% to 254.80m yuan. The company's strategic focus on its core business and global expansion, including progress on its European logistics and production base, underpinned this growth.

The company utilized 9.16bn yuan of its raised funds in the first half of 2025, including €3.01m to replace self-owned foreign exchange for the "European Logistics and Production Base Construction Project."

Additionally, Jiecang Driven continued to implement its shareholder return policy, completing a cash dividend distribution of 3.00 yuan per 10 shares, totaling 115.04m yuan, for the 2024 fiscal year. The company also temporarily allocated 10m yuan of idle raised funds for working capital, to be returned within 12 months.