Core Viewpoint - Weisheng Holdings has secured significant contracts with China Southern Power Grid, totaling approximately 370 million RMB, which is expected to positively impact the company's performance [1][2]. Group 1: Contract Wins - Weisheng Holdings' subsidiaries won the first batch of framework tender projects for metering equipment from China Southern Power Grid, with contract amounts of 201 million RMB and 169 million RMB respectively [2]. - The company ranked first in the total bid amount for this tender, indicating strong competitive positioning [2]. Group 2: Financial Performance - In the first half of 2025, Weisheng Holdings achieved a revenue of 4.39 billion RMB, representing a year-on-year growth of 17%, while net profit surged to 440 million RMB, a significant increase of 33% [4]. - The three core business segments of the company showed stable growth, with the smart metering solutions segment growing by 30% to 1.88 billion RMB [4]. Group 3: Business Expansion - Weisheng Holdings is actively expanding its overseas market presence, with exports reaching 1.244 billion RMB in the first half of 2025, a 19% increase year-on-year [5]. - The company has established six overseas production bases, including factories in Indonesia and Malaysia, and plans to further develop smart distribution businesses in Southeast Asia, North America, and South America [5]. Group 4: Research and Development - The company has been increasing its R&D expenditure, which reached 315 million RMB in the first half of 2025, accounting for 7.2% of its revenue [6]. - Weisheng Holdings holds over 4,000 intellectual property rights, including 2,042 patents and 1,986 software copyrights, showcasing its commitment to innovation [6].
威胜控股中标南网3.7亿大单 三大业务齐升中期净利增33%