Core Insights - Huafeng Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with revenue of 373 million yuan, down 33.10% year-on-year, and a net profit of 13.15 million yuan, down 71.94% year-on-year [1][2][4] - The traditional diesel engine sector is facing structural challenges due to the rapid growth of the new energy truck market, which has seen a year-on-year increase of approximately 186% [5][6] - The company is at a critical juncture, needing to pivot towards new energy solutions as its core business struggles [1][5] Financial Performance - Revenue for the first half of 2025 was 373 million yuan, compared to 558 million yuan in the same period last year, marking a 33.10% decrease [2] - The total profit for the period was 14.44 million yuan, down 73.84% from 55.20 million yuan year-on-year [2] - The net profit attributable to shareholders was 13.15 million yuan, a decline of 71.94% from 46.88 million yuan in the previous year [2][3] Market Dynamics - The commercial heavy truck market in China saw a total sales volume of 539,000 units in the first half of 2025, a year-on-year increase of 6.9%, but with a clear divide between traditional and new energy vehicles [5] - The company has not yet entered the new energy truck component market, which is a significant factor in its declining performance [5][6] - The company’s overseas operations, particularly in India, have also been negatively impacted by strategic adjustments from key clients and changes in visa policies [7][10] Strategic Initiatives - Huafeng is actively seeking to transform its business model by focusing on the data center backup power market, which is seen as a potential growth area [10][11] - A strategic cooperation agreement was signed with Shanghai Jipian AI Technology Co., Ltd. to supply power equipment for a new intelligent computing center, indicating a shift towards integrating energy and computing capabilities [10][11] - The company plans to invest 20 million yuan in Shanghai Jipian to further develop this integrated model [10]

每经记者：彭斐每经编辑：段炼,文多 虽然重卡市场温和回暖，但核心业务依赖该领域的老牌柴油机龙头华丰股份（605100.SH）在上半年却交出了一份令投资者倍感压力的成绩单。 8月27日晚间，华丰股份发布的2025年半年报显示，公司上半年营业收入为3.73亿元，同比下降33.10%，对应归母净利润为1315.23万元，同比大幅下滑 71.94%，扣非后净利润为1155.07万元，同比下降74.66%。 | 主要财务指标 | 本报告期 (1-6月) | 上年同期 | 本报告期比上年 同期增减(%) | | --- | --- | --- | --- | | 基本每股收益(元/股) | 0.08 | 0.28 | -71.43 | | 稀释每股收益(元/股) | 0.08 | 0 28 | -71.43 | | 扣除非经常性损益后的基本每股收 | 0.07 | 0.27 | -74.07 | | 益(元/股) | | | | | 加权平均净资产收益率(%) | 0.71 | 2.48 | 减少1.77个百分点 | | 扣除非经常性损益后的加权平均净 | 0.63 | 2.41 | 减少1.78个自分点 | | 窗产收 ...

每经记者｜彭斐 每经编辑｜段炼 文多 虽然重卡市场温和回暖，但核心业务依赖该领域的老牌柴油机龙头华丰股份（605100.SH）在上半年却交出了一份令投资者倍感压力的成绩单。 8月27日晚间，华丰股份发布的2025年半年报显示，公司上半年营业收入为3.73亿元，同比下降33.10%，对应归母净利润为1315.23万元，同比大幅下滑 71.94%，扣非后净利润为1155.07万元，同比下降74.66%。 《每日经济新闻》记者注意到，作为传统柴油机领域的资深玩家，华丰股份的业绩滑坡并非孤例，其背景是整个柴油机行业在新能源浪潮冲击下面临困 境。 在国家"以旧换新"等政策的带动下，商用车重卡市场呈现"温和回暖"，但新能源重卡市场规模显著增长的同时，传统燃油重卡市场却在承压。主营业 务"遇冷"，不仅敲响了公司传统业务的警钟，更将华丰股份推到了转型的十字路口。 | 主要会计数据 | 本报告期 (1-6月) | 上年同期 | 本报告期比上年 同期增减(%) | | --- | --- | --- | --- | | 营业收入 | 373.429.343.73 | 558,207,787.04 | -33.10 | | 利润总 ...

每经记者｜彭斐 每经编辑｜文多 虽然重卡市场温和回暖，但核心业务依赖该领域的华丰股份（605100.SH，股价27.24元，市值46.62亿元）在上半年却 交出了一份令投资者倍感压力的成绩单。 8月27日晚间，华丰股份发布的2025年半年报显示，公司上半年营业收入为3.73亿元，同比下降33.10%，对应归母净利 润为1315.23万元，同比大幅下滑71.94%，扣非后净利润为1155.07万元，同比下降74.66%。 《每日经济新闻》记者注意到，作为传统柴油机领域的资深玩家，华丰股份的业绩滑坡并非孤例，其背景是整个柴油 机行业在新能源浪潮冲击下面临困境。 在国家"以旧换新"等政策的带动下，商用车重卡市场呈现"温和回暖"，但新能源重卡市场规模显著增长的同时，传统 燃油重卡市场却在承压。主营业务"遇冷"，不仅敲响了公司传统业务的警钟，更将华丰股份推到了转型的十字路口。 | 主要会计数据 | 本报告期 (1-6月) | 上年同期 | 本报告期比上年 同期增减(%) | | --- | --- | --- | --- | | 营业收入 | 373.429.343.73 | 558,207,787.04 | -33. ...