Ge Long Hui A P P·2025-10-28 06:18Core Viewpoint - WanFeng AoWei achieved a net profit attributable to shareholders of 729 million yuan in Q1-Q3 2025, representing a year-on-year increase of 29.38%, driven by stable gross margins, effective cost control, and non-recurring gains from the acquisition of Volocopter's core assets [1] Financial Performance - In Q3 2025, the net profit attributable to shareholders was 229 million yuan, showing a year-on-year increase of 38.14%, indicating a significant enhancement in quarterly profitability [1] - The company maintained stable profit margins and consistent period expense ratios during this period [1] Business Segments - The automotive metal parts lightweight business generated revenue of 9.385 billion yuan from January to September 2025, maintaining stability amid fierce market competition through optimized customer structure, digital management upgrades, and improved raw material inventory control [1] - The general aviation aircraft innovative manufacturing business achieved revenue of 2.031 billion yuan, reflecting a year-on-year growth of 2.20% [1] Strategic Initiatives - The successful acquisition of Volocopter's core assets in March 2025 marked a key milestone, enabling the company to complete its product layout for urban and intercity air transportation solutions [1] - The company is actively advancing eVTOL aircraft certification and increasing R&D for electric aircraft and drones, establishing a first-mover advantage in the low-altitude economy by integrating aircraft manufacturing with intelligent systems and takeoff/landing facilities [1] - The company maintains an "Overweight" rating [1]