Zhejiang Wanfeng Auto Wheel (002085) investor relations material

Executive summary

• Achieved revenue of ¥15.99 billion in 2025, down 1.70% year-over-year; net profit attributable to shareholders rose 51.11% to ¥987 million.

• Automotive lightweight metal parts revenue was ¥13.24 billion, down 1.55%; general aviation aircraft revenue was ¥2.75 billion, down 2.42%.

• Gross margin improved to 16.96%, up 0.43 percentage points year-over-year.

• Net cash flow from operating activities increased 23.92% to ¥1.46 billion.

• Proposed cash dividend of ¥0.5 per 10 shares, totaling ¥106 million.

Financial highlights

• Revenue: ¥15.99 billion, -1.70% year-over-year.

• Net profit attributable to shareholders: ¥987 million, +51.11% year-over-year.

• Operating cash flow: ¥1.46 billion, +23.92% year-over-year.

• Basic/diluted EPS: ¥0.47, +46.88% year-over-year.

• Gross margin: 16.96%, up 0.43 percentage points.

• R&D investment: ¥714 million, 4.47% of revenue.

Outlook and guidance

• Will continue to focus on lightweight automotive parts and innovative general aviation manufacturing.

• Plans to strengthen cooperation with core new energy vehicle customers and accelerate application of new materials and processes.

• Will expand eVTOL and electric aircraft R&D, aiming for further breakthroughs in low-altitude economy.

• Intends to optimize financial structure and improve profitability.