Shanghai YanPu(SH:605128) Ge Long Hui·2026-01-26 07:50Core Viewpoint - Shanghai Yanpu (605128.SH) expects a significant increase in net profit for the fiscal year 2025, projecting a net profit attributable to shareholders of between 186 million to 212 million yuan, representing a year-on-year increase of 49 million to 75 million yuan, or an increase of 35.44% to 55.00% [1] Financial Projections - The company anticipates a net profit excluding non-recurring gains and losses for 2025 to be between 183 million to 210 million yuan, which is an increase of 48 million to 75 million yuan compared to the previous year, equating to a year-on-year growth of 35.97% to 56.00% [1] Business Operations - The company specializes in automotive seat frame assemblies, precision stamping parts, and precision injection molded parts, with the expected performance growth driven by several key factors [1] Key Growth Drivers - Cost Control and Team Efficiency: The company has established a comprehensive cost control system, enhancing budget management, accounting, and assessment processes, ensuring precise implementation of cost control strategies, which lays a solid foundation for performance growth [1] - Market Order Expansion: In 2025, the company successfully expanded its automotive seat frame assembly business by acquiring several high-quality clients, with new projects entering mass production within the year and showing strong sales momentum. Existing core clients also launched new projects, leading to increased capacity utilization and reduced unit production costs [1] - Lean Production and Process Upgrades: The company continues to deepen its lean production management model, optimizing production processes and upgrading technology, which significantly enhances production efficiency and further optimizes costs [1]