GUILIN FUDA (SH:603166) Chang Jiang Shang Bao·2026-01-26 23:42Core Viewpoint - Fuda Co., Ltd. (603166.SH) is expected to achieve a significant increase in net profit for 2025, driven by enhanced production capacity, quality improvements, and strategic investments in new technologies and business areas [1][2][3] Financial Performance - The company forecasts a net profit attributable to shareholders of 310 million to 330 million yuan for 2025, representing a year-on-year increase of 67.31% to 78.11% [1][2] - The expected net profit excluding non-recurring gains and losses is projected to be 280 million to 300 million yuan, with a growth of 55.90% to 67.04% year-on-year [1][2] - In 2024, the company anticipates a recovery in net profit to 185 million yuan, marking a year-on-year increase of 78.96% [2] Business Strategy and Development - Fuda Co., Ltd. is focusing on integrating its supply chain by establishing a wholly-owned subsidiary with an investment of 30 million yuan to enhance its forging business [3] - The company is strategically investing in Longban Technology to enter the core components of robotics, indicating a diversification of its business portfolio [5] Research and Development - The company has invested a total of 262 million yuan in R&D from 2023 to the first three quarters of 2025, with annual growth rates of 11.12%, 10.16%, and 18.53% respectively [6] - Fuda Co., Ltd. has surpassed 300 patents, including 76 invention patents, reinforcing its technological barriers and innovation capabilities [6] Product Development - The company has made significant advancements in the development of new products for the automotive sector, including hybrid crankshafts and electric drive gears, with multiple projects in collaboration with major clients like BYD and Geely [4][6] - In the robotics sector, Fuda Co., Ltd. is accelerating the development of planetary gear reducers, with several products in various stages of production and testing [4]