Zhejiang E-P Equipment (603194) investor relations material

Executive summary

• Revenue for the nine months ended September 30, 2025, reached ¥5,243.13 million, up 8.62% year-over-year, with steady growth across major markets.

• EBIT was ¥836.56 million, supported by cost and process control, while net profit attributable to shareholders was ¥685.08 million, a 5.46% increase year-over-year.

• Third quarter revenue was ¥1.81 billion, up 7.54% year-over-year, and net profit for the third quarter was ¥237.57 million, up 3.31%.

• Innovation, globalization, and manufacturing excellence drove growth, with 130 new products launched and strategic partnerships expanding global reach.

Financial highlights

• Revenue increased 8.6% year-over-year to ¥5,243.13 million.

• EBIT rose 7.5% year-over-year to ¥836.56 million.

• Net profit grew 5.5% year-over-year to ¥685.08 million.

• Operating profit was ¥838.44 million, up 6.9% year-over-year.

• Gross margin for the first nine months was ¥1.56 billion.

Outlook and guidance

• Plans to complete the lithium-ion lineup for all industrial vehicles and scale remanufacturing to support sustainability.

• Focus on advancing smart material-handling solutions and accelerating AI and digital-twin applications.

• Strategic initiatives aim to drive industry transformation from material handling to material moving.

• Management did not provide explicit forward-looking guidance in this report.