Core Viewpoint - Jinwo Co., Ltd. (300984.SZ) reported a significant increase in revenue and net profit for the first half of 2025, driven by steady expansion in its core bearing ring business and strategic new businesses [1][2] Financial Performance - The company achieved a revenue of 614 million yuan, representing a year-on-year growth of 7.96% [1] - The net profit attributable to shareholders reached 25.47 million yuan, a substantial increase of 94.00% year-on-year [1] - The net profit after deducting non-recurring items was 23.34 million yuan, surging by 102.91% year-on-year [1] Business Segments - In the core bearing ring business, revenue was 587 million yuan, with a year-on-year growth of 8.29% and a gross margin increase of 0.7 percentage points to 14.29% [1] - The company serves as a key supplier to international bearing giants such as Schaeffler, SKF, and NSK, with a continuous increase in the proportion of high-end products [1] Strategic New Businesses - The strategic new businesses, particularly in screw components and insulated bearing rings, have shown initial success [1] - The screw component production line for nuts (excluding internal thread processing) has been completed, and the capacity construction for rollers and main screws is progressing smoothly [1] - The insulated bearing ring has achieved breakthroughs in research and is currently undergoing sample verification with customers in the new energy vehicle and industrial frequency conversion motor sectors, with technical parameters reaching international leading levels [1] Future Outlook - The company plans to accelerate the preparation for mass production of screw components and advance customer verification for insulated bearing rings in the second half of the year [2] - There is an intention to deepen strategic cooperation with international bearing companies, aiming to build a new growth engine in the precision manufacturing sector through the collaboration of three major business segments [2]
金沃股份净利大增94% 三大业务板块协同发力构筑增长新引擎