ZHEJIANG DINGLI(SH:603338) Zheng Quan Shi Bao·2025-08-28 06:23Core Viewpoint - Zhejiang Dingli has demonstrated strong operational resilience and growth in revenue and profit despite global macroeconomic uncertainties, showcasing effective management and competitive advantages [1][2]. Financial Performance - In the first half of 2025, Zhejiang Dingli achieved revenue of 4.336 billion yuan, a year-on-year increase of 12.35% - The net profit attributable to shareholders reached 1.052 billion yuan, up 27.63%, with a net profit margin of 24.27% [1]. Global Market Expansion - The company's overseas market revenue reached 3.374 billion yuan, growing by 21.25% and accounting for over 70% of total revenue - Notable performance in Europe and countries along the Belt and Road has effectively mitigated uncertainties in the North American market [2]. - The impact of previous U.S. tariffs has been largely absorbed, and the marginal improvement in the global macro environment is expected to further alleviate uncertainties [2]. Technological Innovation - Zhejiang Dingli has focused on product electrification, intelligence, and differentiation, with R&D expenses reaching 144 million yuan, a 21.82% increase year-on-year - The company has achieved full electrification of its product line and introduced the industry's first batch of oil-free electric scissor lifts, enhancing product performance and supporting industrial upgrades [3][4]. Product Diversification - In addition to over 200 conventional products, Zhejiang Dingli has launched differentiated products such as ship spray rust removal robots and tunnel drilling robots, expanding into new application scenarios [4]. ESG and Long-term Value - The company emphasizes sustainable development and long-term value creation, actively implementing carbon emission calculations and reduction measures - Zhejiang Dingli has maintained a cash dividend policy for 10 consecutive years, with a total dividend of over 500 million yuan for the 2024 fiscal year and a payout ratio of 31.09% [5]. Recognition and Future Outlook - The company received nominations for "Technological Innovation" and "Proactive Progress" at the Sedex Supply Chain Awards, highlighting its responsibility and innovation in the global supply chain - With a dual-driven strategy of "new energy transformation + overseas expansion," Zhejiang Dingli is expected to maintain its industry leadership in the high-altitude work platform sector and explore new growth opportunities [6].