Tongda Electric(SH:603390) Ge Long Hui·2026-01-27 08:31Core Viewpoint - Tongda Electric (603390.SH) expects a significant increase in net profit for the year 2025, projecting a net profit attributable to shareholders between 82 million to 92 million yuan, representing a year-on-year growth of 220.21% to 259.26% [1] Group 1: Financial Projections - The company anticipates a net profit excluding non-recurring gains and losses between 75 million to 85 million yuan for 2025, indicating a year-on-year growth of 360.02% to 421.36% [1] Group 2: Reasons for Performance Increase - The primary reasons for the expected performance increase include: - Continued improvement in the downstream market, with steady growth in overseas demand and alignment of products with customer needs, particularly in the commercial vehicle sector [1] - The commencement of a new replacement cycle for buses and the ongoing electrification of trucks are driving demand in the domestic commercial vehicle market [1] - Enhanced collaboration with commercial vehicle manufacturers has led to a steady increase in order volumes [1] - Ongoing optimization of product structure and technological upgrades have resulted in a higher proportion of revenue from high-tech products, thereby improving profitability [1]