Xusheng Group's Q3 2025 net profit up over 70%

Ningbo Xusheng Group Co., Ltd. held its Q3 2025 earnings briefing on November 19, 2025, confirming a significant 70.43% year-over-year increase in net profit for the third quarter. This growth was primarily driven by an improved gross profit margin and favorable product mix. The company's asset-liability ratio at the end of the third quarter stood at 47.33%, a decrease from both the beginning of the year and the prior year, indicating a strengthening financial position.

Xusheng Group is making strategic strides in global expansion, with its Mexico factory in its ramp-up phase performing well due to strong demand from North American customers. The Thailand base, which commenced construction in July 2025, is progressing as planned, with operations expected to begin in the second half of 2026. The company also confirmed its solid financial health with ample cash reserves, supporting its strategy for both organic growth and potential external expansion opportunities.

In terms of technological advancements, Xusheng Group is advancing in lightweight materials, particularly magnesium alloys, mastering core semi-solid injection molding processes. Relevant products are undergoing sample verification for robot joint casings and automotive central control components, with some customer designations secured and small-batch production initiated.