Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected price increase of over 15% in the next 6-12 months [5][13]. Core Views - The company is projected to achieve a net profit attributable to shareholders of RMB 1.526-1.659 billion for 2025, representing a year-on-year growth of 15%-25% [2]. - The company has faced short-term profit impacts due to impairment in tower crane assets but is expected to see accelerated profit release in 2026 as asset quality improves and domestic demand stabilizes [3]. - The overseas demand is showing signs of recovery, with significant growth in export revenues for loaders and excavators, which is anticipated to continue driving profit growth [3]. - The company is experiencing pressure on margins due to price competition in the domestic electric loader market, but the launch of new products is expected to enhance profitability [4]. - The company's "14th Five-Year Plan" aims for revenue of RMB 60 billion by 2030, with over 60% from overseas markets and a net profit margin of no less than 8% [4]. Summary by Sections Performance Review - The company forecasts a net profit of RMB 1.526-1.659 billion for 2025, with a quarterly net profit of RMB 0.68-2.01 billion for Q4 2025, showing significant year-on-year growth [2]. Operational Analysis - The company has increased provisions for credit impairment losses to RMB 2.7 billion in Q3 2025 due to a sharp decline in the domestic tower crane industry, which has affected profit growth [3]. - Export revenues for loaders grew over 20% in H1 2025, and excavator sales increased by 22.1% year-on-year, indicating strong overseas demand [3]. - The company’s gross margin was impacted by price competition in the domestic market, but the introduction of the T-series loaders is expected to improve profitability [4]. Profit Forecast and Valuation - The company’s revenue projections for 2025-2027 are RMB 33.564 billion, RMB 37.973 billion, and RMB 43.695 billion, respectively, with net profits of RMB 1.601 billion, RMB 2.092 billion, and RMB 2.640 billion [5].

"持续优化的营商环境，如同沃土与阳光，滋养着玉柴发展壮大，也吸引了众多合作伙伴纷至沓 来。"会上，玉柴集团董事长李汉阳感慨。 这家扎根玉林75载的本土企业，已发展成为覆盖180多个国家和地区的全球知名动力系统供应商， 其发动机产销量累计超1200万台，2025年品牌价值达1143亿元，连续20年领跑内燃机行业。 1月24日，"中国动力之都"玉林迎来一场行业盛会。以"123，GO！"为主题的玉柴集团2026全球合 作伙伴大会举行，全球2000余名嘉宾齐聚一堂，共谋行业发展大计。 广西弘毅新材料有限公司在项目投产关键期面临审批难题，广西实体经济服务员工作队驻梧州市工 作队主动介入，联动多部门，并提供"手把手"指导。 "多亏了实体经济服务员的暖心服务，我们的开工手续顺利获批，时间比预期缩短了近一半！"厂长 肖永刚的感慨，道出了企业实实在在的获得感。 2025年，通过"桂i企"等智能化平台与线下深度调研相结合，全区累计为企业解决急难愁盼问题超 7500个，办结率超过99%。一张覆盖全域、直抵末梢的"服务网"，让"高效办成一件事"成为常态，也 让"营商广西·桂在便利"服务品牌愈发闪亮。 ——看发展动力，赋能升级向"新" ...

柳工（000528）(000528.SZ)披露2025 年年度业绩预告 ，公司预计归属于上市公司股东的净利润15.26亿 元至16.59亿元，同比增长15%–25%;归属于上市公司股东扣除非经常性损益的净利润13.23亿元至14.55 亿元，同比增长16%–28%。 ...

（文章来源：证券日报） 证券日报网讯 1月27日，柳工发布公告称，公司预计2025年归属于上市公司股东的净利润为152，609.54 万元–165，879.94万元，比上年同期增长15%–25%。 ...

Group 1 - Zhenray Technology expects a net profit increase of 530%-642% in 2025, driven by growth in satellite communication and special integrated circuit demand [10][11] - Ganfeng Lithium anticipates a net profit of 1.1 billion to 1.65 billion yuan in 2025, marking a turnaround from a loss of 2.074 billion yuan in the previous year [12][13] Group 2 - Yingxin Development plans to acquire 60% of Changxing Semiconductor for 520 million yuan, aiming to enhance its business structure and mitigate operational risks [2] - Xinda Securities will have 2.551 billion shares released for trading on February 2, 2026, which constitutes 78.67% of its total share capital [2] Group 3 - *ST Boda forecasts a net profit of 6 million to 8 million yuan for 2025, but expects a loss of 4.5 million to 6.5 million yuan when excluding non-recurring items [3] - Dongcai Technology's actual controller is under investigation, which may impact the company's operations [4] Group 4 - Aisen Co. plans to invest 2 billion yuan in a semiconductor materials manufacturing base in East China, with production expected to start in 2028 [6] - Beixin Road and Bridge has won a project worth 1.221 billion yuan for road construction, with a duration of 1096 days [7] Group 5 - Pizaihuang has initiated a Phase I clinical trial for its innovative drug PZH2113, targeting non-Hodgkin lymphoma, with no similar drugs approved globally [8][9] - Muxi Co. expects a revenue of 1.6 billion to 1.7 billion yuan in 2025, despite a projected loss of 650 million to 798 million yuan [9] Group 6 - New Guodu anticipates a net profit of 400 million to 500 million yuan in 2025, reflecting a growth of 70.79%-113.49% [12] - Yahua Group expects a net profit of 600 million to 680 million yuan in 2025, an increase of 133.36%-164.47% [12] Group 7 - Hunan Huasheng anticipates a net profit of 2.4 billion to 3 billion yuan in 2025, a significant reduction in losses compared to the previous year [17] - Cloud From Technology expects a loss of 490 million to 590 million yuan in 2025, despite revenue growth [18] Group 8 - Shennan Circuit expects a net profit increase of 68%-78% in 2025, driven by demand in AI computing and storage markets [19] - Chengdu Xiandao forecasts a net profit of 1.04 billion to 1.27 billion yuan in 2025, reflecting a growth of 102.5%-147.29% [21] Group 9 - Guodian Quantum anticipates a net profit of around 5 million yuan in 2025, marking a return to profitability [26] - Xiamen Tungsten expects a net profit of 2.311 billion yuan in 2025, a 35.08% increase year-on-year [27]

智通财经APP讯， 柳工(000528.SZ)披露2025 年年度业绩预告 ，公司预计归属于上市公司股东的净利润 15.26亿元至16.59亿元，同比增长15%–25%;归属于上市公司股东扣除非经常性损益的净利润13.23亿元 至14.55亿元，同比增长16%–28%。 ...

报告期内，影响公司归属于上市公司股东的净利润和扣除非经常性损益后的净利润变动的主要原因如 下： 格隆汇1月27日丨柳工(000528.SZ)公布，预计2025年1月1日至2025年12月31日归属于上市公司股东的净 利润盈利15.26亿元-16.59亿元，比上年同期增长15%-25%；扣除非经常性损益后的净利润盈利13.23亿 元-14.55亿元，比上年同期增长16%-28%。 1．国内工程机械尤其是土方机械需求受行业周期性及宏观政策影响，在上年度筑底反弹的基础上稳定 增长，国际工程机械市场整体也呈现企稳复苏态势。公司坚持"全面解决方案、全面数智化、全球化"的 新"三全"战略，通过创新国际国内双循环发展模式、统筹推进业务组合优化、全价值链降本增效等措 施，实现收入及利润双增长。2．公司一贯严格遵循会计政策，报告期内加大了对问题和风险资产核查 力度，并相应进行了计提减值准备，确保了公司财务报表的稳健性。 ...

每经AI快讯，柳工（000528）1月27日发布业绩预告，预计2025年净利润15.26亿元~16.59亿元，同比增 长15%~25%。报告期内，国内工程机械尤其是土方机械需求受行业周期性及宏观政策影响，在上年度 筑底反弹的基础上稳定增长，国际工程机械市场整体也呈现企稳复苏态势。公司坚持"全面解决方案、 全面数智化、全球化"的新"三全"战略，通过创新国际国内双循环发展模式、统筹推进业务组合优化、 全价值链降本增效等措施，实现收入及利润双增长。 ...

人民财讯1月27日电，柳工（000528）1月27日发布业绩预告，预计2025年净利润15.26亿元—16.59亿 元，同比增长15%—25%。报告期内，国内工程机械尤其是土方机械需求受行业周期性及宏观政策影 响，在上年度筑底反弹的基础上稳定增长，国际工程机械市场整体也呈现企稳复苏态势。公司坚持"全 面解决方案、全面数智化、全球化"的新"三全"战略，通过创新国际国内双循环发展模式、统筹推进业 务组合优化、全价值链降本增效等措施，实现收入及利润双增长。 ...

广西柳工机械股份有限公司 2025 年年度业绩预告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日 2、预计的经营业绩：同向上升 | 项目 | | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司 股东的净利润 | 盈利：152,609.54 | | 万元–165,879.94 | 万元 | 盈利：132,703.95 | 万元 | | | | | 比上年同期增长：15%–25% | | | | | 归属于上市公司 股东扣除非经常 | 盈利：132,274.28 | | 万元–145,544.68 | 万元 | 盈利：113,781.13 | 万元 | | 性损益的净利润 | | | 比上年同期增长：16%–28% | | | | | 基本每股收益 | 盈利： 0.7565 | | 元/股–0.8223 | 元/股 | 盈利：0.6824 | 元/股 | 二、 ...