Core Viewpoint - Jiangxi Huawu Brake Co., Ltd. (Huawu Co.) showcased significant growth in its performance for the first three quarters of 2025, driven by its core industrial brake business and new market opportunities in wind power and domestic substitution in heavy-duty truck brakes [1][3]. Financial Performance - For the first three quarters of 2025, Huawu Co. achieved operating revenue of 994 million yuan, a year-on-year increase of 16.55% - The net profit attributable to shareholders reached 41.21 million yuan, reflecting a substantial year-on-year growth of 70.84% - The industrial brake segment was the main profit contributor, with both revenue and net profit showing rapid growth [3]. Core Business Highlights - The company emphasized the strong customer loyalty in traditional sectors such as port and metallurgy, leveraging technological innovation and service upgrades to enhance product value - The wind power brake sector showed a notable recovery, with improving product gross margins contributing positively to profit growth - The focus on heavy-duty truck brake systems as a core area for domestic substitution is expected to open significant market opportunities, with plans to develop products that meet international standards [4]. Strategic Planning - Huawu Co. plans to continue focusing on its core industrial brake business while expanding into emerging markets such as overseas markets, heavy-duty trucks, and water conservancy projects - The company aims to maintain its industry-leading position through increased R&D investment and the smart upgrade of traditional products, alongside accelerating breakthroughs in new business technologies [5].
调研速递|江西华伍制动器接待世纪证券等8家机构 前三季度净利增70.84% 风电回暖+矿卡国产替代打开增长空间