Zhejiang Shuanghuan Driveline (002472) investor relations material

Executive summary

• Revenue increased 7.80% year-over-year to ¥4.56 billion, driven by robust export growth and higher value-added products in new energy vehicle segments.

• Net profit attributable to shareholders rose 1.65% year-over-year to ¥586.65 million, with profit growth lagging revenue due to increased share-based payment expenses and exchange losses.

• Overseas business expanded steadily, with export revenue up 34.85% year-over-year, reflecting effective global capacity deployment.

• The company maintained a stable operating strategy, emphasizing R&D, supply chain optimization, and production efficiency.

Financial highlights

• Operating cash flow increased 13.38% year-over-year to ¥1.11 billion.

• Gross margin for the period was 26.77%, down 0.29 percentage points year-over-year.

• Basic and diluted EPS were both ¥0.69, up from ¥0.68 in the prior year.

• Total assets at period-end reached ¥20.33 billion, up 8.35% from year-end 2025.

• Net assets attributable to shareholders increased 3.74% to ¥10.39 billion.

Outlook and guidance

• The company will continue to focus on technological innovation, global market expansion, and supply chain resilience to mitigate external uncertainties.

• Plans include further capacity releases in Hungary and Vietnam, and ongoing investment in R&D and digital manufacturing.