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万讯自控发布2025年半年报:营收稳步增长 技术驱动未来可期

Core Viewpoint - Shenzhen Wanxun Control Co., Ltd. reported a revenue of 499 million yuan for the first half of 2025, reflecting a year-on-year growth of 5.59%, demonstrating strong operational resilience despite industry challenges [1] Business Fundamentals - Wanxun Control, recognized as a national high-tech enterprise, has core products spanning three major sectors: industrial automation instruments, civilian instruments, and MEMS sensors, with applications in traditional industries like petroleum, chemical, and power, as well as emerging sectors such as renewable energy and smart cities [1] - The company capitalized on policy opportunities, particularly the national initiative to promote large-scale equipment updates, which stimulated demand for equipment renewal in downstream industries. The industrial automation instrument segment remained the main revenue contributor, with field instrument revenue increasing by 6.82% and pressure instruments and accessories revenue rising by 12.45% [1] R&D and Innovation - R&D is a core competitive advantage for Wanxun Control, with R&D investment consistently exceeding 7% of revenue. In the reporting period, R&D expenditure reached 464 million yuan, focusing on breakthroughs in MEMS sensors and smart instruments [2] - The company has established collaborations with top international institutions such as Fraunhofer and the University of Oxford, promoting the upgrade of products towards intelligence and IoT [2] - Wanxun Control has participated in drafting 82 national standards, including significant ones like "Safety of Industrial Automation and Control Systems" and "Electromagnetic Gas Emergency Shut-off Valve," laying a solid foundation for product quality and market expansion [2]