The 2025 results of Weilan Lithium Core and Jintuo Shares are released

Recently, Weilan Lithium Core and Jintuo Shares have successively disclosed their operating conditions in 2025. Overall, both companies have achieved varying degrees of growth in performance and are promoting structural optimization and technology upgrades around their respective core businesses.

Azure Lithium Core

In 2025, Azure Lithium Core achieved total operating revenue of 8.113 billion yuan, a year-on-year increase of 20.09%; operating profit of 901 million yuan, a year-on-year increase of 50.92%; net profit of 790 million yuan, a year-on-year increase of 45.39%; net profit attributable to shareholders of listed companies was 711 million yuan, a year-on-year increase of 45.66%.

The company's business covers three major sectors: lithium batteries, LED and metal logistics and distribution. Among them, the LED business performed particularly well during the reporting period, achieving operating income of approximately 1.584 billion yuan. Subsidiary Huai'an Shunchang achieved a net profit of approximately 145 million yuan, with a gross profit margin of 22.86%, a year-on-year increase of 3.48 percentage points.

In terms of products and technology, the company launched vehicle display technology solutions to achieve breakthroughs in performance and technology, bringing systemic value to customers in supply chain optimization and quality control. At the same time, the company interacted and cooperated with customers to launch innovative white light COB solutions, successfully overcoming industry problems such as chromatic aberration, cutting failure and poor visual effects, and building the company's sustainable competitiveness in the field of high color gamut display.

Weilan Lixin said that during the year, the R&D department collaborated with the marketing team to explore Micro LED CPO optical interconnection solutions and prepare demand descriptions and product definitions for related chip research and development projects.

Jintuo Shares

Jintuo Shares' operating income in 2025 will be 785 million yuan, a year-on-year increase of 7.74%; net profit attributable to the parent company will be 83.98 million yuan, a year-on-year increase of 0.97%.

Jintuo Technology focuses on the field of electronic assembly equipment. Its hot air (lead-free) reflow soldering products can be applied to IMD, COB, COG and other packaging processes for Mini LED direct display and backlight. Intelligent inspection equipment (AOI/SPI) is mainly used for defect detection in PCBA and LED manufacturing processes.

In 2025, the company's electronic assembly equipment business will achieve operating income of 726.9619 million yuan, accounting for 92.59% of total revenue, a year-on-year increase of 13.97%; on a comparable basis, a year-on-year increase of 14.49%, which is the core source of income.

During the reporting period, the company strategically shrank its non-core businesses such as optoelectronic display equipment, adjusted the allocation of R&D, production and service resources, and concentrated its investment in the field of electronic thermal equipment to promote breakthroughs in its core business.

From a regional perspective, the company's revenue is mainly from the domestic market, accounting for 93.02%. At the same time, the company has accelerated the construction of its Malaysian subsidiary and improved its layout in supply chain, production, market and services to expand overseas markets.