GWYD(SH:600517) Jing Ji Guan Cha Bao·2026-01-16 06:47Core Viewpoint - State Grid Yingda (stock code: 600517.SH) reported significant growth in its subsidiary Yingda Trust's 2025 unaudited financial results, with a notable increase in both revenue and net profit compared to the previous year [1] Financial Performance - Yingda Trust achieved operating revenue of 4.528 billion yuan in 2025, representing a year-on-year increase of 51.49% [1] - The net profit for 2025 reached 2.950 billion yuan, marking a year-on-year growth of 63.70% [1] - The net income from fees and commissions was 2.836 billion yuan, showing a slight decline of 2.97% compared to the same period last year [1] - Fair value changes contributed significantly with earnings of 1.508 billion yuan, a substantial increase of 1.607 billion yuan from the previous year's loss of 107 million yuan [1] Asset Overview - Yingda Trust's total assets slightly increased, reaching 17.318 billion yuan at the end of the period, showing a significant rise from the beginning of the year [1] Company Background - Yingda Trust was established in March 1987 and has a registered capital of 4.029 billion yuan, located in Beijing [1] - Major shareholders include State Grid Yingda Co., Ltd. (73.49%), China Southern Power Grid Co., Ltd. (25.00%), Jinan Steel Group Co., Ltd. (0.82%), and Shandong Wangrui Material Co., Ltd. (0.69%) [1]