Core Viewpoint - Ningbo Fangzheng has shown significant improvement in its operational performance in 2025, particularly in the first half of the year, driven by its strategic focus on the new energy vehicle (NEV) sector and technological innovation [1][2][4]. Financial Performance - The company reported a revenue of 582 million yuan for the first half of 2025, a 50.39% increase year-on-year [1]. - In Q1 2025, revenue reached 298 million yuan, up 51.10% year-on-year, with a net profit of 6.29 million yuan, marking a 206.45% increase [2]. - The traditional mold business remains a core revenue driver, accounting for approximately 50% of total revenue, with a 62.45% increase in revenue and a 5.99% rise in gross margin [2]. Business Diversification - The company is actively investing in the new energy lithium battery precision components sector, successfully entering markets for lithium battery conductive connection components and modules [1][2]. - By mid-2025, revenue contributions from lithium battery precision components and conductive connection components reached 17.92% and 11.79%, respectively, indicating a strong push towards business diversification [2]. Technological Innovation - The company emphasizes R&D as a key to sustainable growth, with R&D investment reaching 21 million yuan in the first half of 2025, a 5.35% increase year-on-year [3]. - Significant advancements in lightweight materials and injection molding technologies have been achieved, including the NFPP fiberboard technology and carbon fiber board molds, enhancing competitiveness in high-end markets [3]. Global Expansion - The company has expanded its market presence by serving major global automotive parts manufacturers and has established partnerships with leading companies in the NEV sector, including CATL [4][5]. - The global strategy has enhanced brand influence and secured stable order sources, with a focus on the rapidly growing NEV market, projected to reach 22.35 million units sold in 2025, a 23% increase [5].
宁波方正：上半年营业收入同比增长50.39%，新能源领域布局显成效