华荣股份2025前三季度营收23.14亿元 外贸业务为核心增长引擎

Core Insights - Company reported a revenue of 2.314 billion yuan for the first three quarters of 2025, a year-on-year decline of 5.5%, primarily due to reduced income from the new energy EPC business [1] - The company is focusing on diversifying its business by reducing reliance on traditional markets and exploring new sectors such as grain and oil, pharmaceuticals, and intelligent hazardous chemical parks [1][2] - The foreign trade business has shown significant growth, with revenue reaching 641 million yuan in the first half of the year, a year-on-year increase of 53.7%, and now accounting for 39% of total revenue [2][3] Business Performance - The decline in revenue is attributed to intensified competition in the traditional oil and gas process industry, leading to price pressures [1] - The company has made strategic moves in the Xinjiang coal chemical market, securing early orders that are expected to contribute to performance in 2026 [1] - The company has developed a comprehensive solution capability covering the entire technology chain of "smart factories" with 15 subsystems in its intelligent control system [1] Innovation and Growth - The company is leveraging its strong technical integration and cross-industry capabilities, particularly in the robotics sector, by collaborating with external partners rather than pursuing a fully autonomous supply chain [2] - Significant breakthroughs have been made in medical automation, with successful technology transfer of medical implant forming robots through partnerships with top hospitals and research institutions [2] - The foreign trade business is becoming a vital growth engine, with ongoing expansion of marketing networks in regions such as the Middle East, Europe, Southeast Asia, and plans to enter Africa and South America [2][3] Future Outlook - The company is actively expanding its microgrid business and has successfully obtained qualifications for related projects, while also executing orders for charging stations in logistics parks [3] - The foreign trade department is expected to continue driving future performance, supported by a robust order backlog and the establishment of a joint venture in Saudi Arabia aimed at market expansion [2][3]