来源：@华夏时报微博 华夏时报记者 李贝贝 上海报道 2025年上半年，华丰动力股份有限公司（下称"华丰股份"）（605100.SH）业绩承压。中报显示，上半 年公司实现营业收入为3.73亿元，同比下降33.10%，归母净利润同比下滑71.94%，主要受传统核心零部 件业务受结构性需求变化、海外运维业务受挫等因素叠加影响。 9月30日下午，华丰股份举行线上中期业绩说明会，《华夏时报》记者以投资者身份向华丰股份董事 长、总经理徐华东进行了提问。 就公司战略布局及转型等问题，徐华东向记者强调，公司将数据中心市场列为重点业务拓展方向，围绕 智算中心等新型基础设施的备用电源需求进行业务拓展。"公司积极结合公司发展战略，布局新业务、 新市场、新产品，优化业务结构，推动业务转型升级。"徐华东表示。 营收净利"双降" 根据中报，华丰股份专注于发动机核心零部件、柴油发动机及智能化发电机组的研发、制造与销售，并 开展通信基站设备和设施的综合运维服务。 2025年上半年，华丰股份的业务布局遭遇挑战，关键业绩指标出现大幅下滑。中报显示，今年上半年， 公司营业收入为3.73亿元，同比下降33.10%。其中柴油发动机及机组营收0.58 ...

Core Viewpoint - Huafeng Power Co., Ltd. (605100.SH) faced significant performance pressure in the first half of 2025, with a 33.10% year-on-year decline in revenue and a 71.94% drop in net profit attributable to shareholders, primarily due to structural changes in demand for traditional core components and setbacks in overseas operations [2][3][4]. Group 1: Financial Performance - In the first half of 2025, the company reported revenue of 373 million yuan, a decrease of 33.10% year-on-year, with specific revenue breakdowns: 58 million yuan from diesel engines and units, 306 million yuan from components, and 7 million yuan from maintenance services [3]. - The net profit attributable to shareholders was 13.15 million yuan, reflecting a substantial decline of 71.94% year-on-year, while the net profit after deducting non-recurring items was 11.55 million yuan, down 74.66% [3][4]. Group 2: Business Challenges - The decline in performance was attributed to market demand fluctuations, changes in customer product structures, and strategic adjustments leading to reduced orders [4]. - The 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 the market exhibited a bifurcation between traditional business recovery and rapid growth in new energy vehicles [4]. - The company currently lacks a business segment for new energy heavy truck components, which has hindered revenue support despite the significant growth in new energy heavy truck sales, which increased approximately 186% year-on-year [4]. Group 3: Overseas Market Impact - The company's overseas operations, particularly in India, faced challenges due to strategic adjustments by key clients and changes in visa policies, leading to a 64.21% year-on-year decline in revenue and a 96.49% drop in net profit for its Indian subsidiary [5]. - Despite these challenges, the company is focusing on expanding its overseas market presence, particularly in data centers and communication base stations, and has seen an increase in export orders for generator sets [5]. Group 4: Strategic Initiatives - The company has identified the data center market as a key area for business expansion, particularly in response to the growing demand for backup power solutions in developed markets [6]. - In August 2025, the company signed a strategic cooperation agreement with Shanghai Jipian AI Technology Co., Ltd. to supply power equipment for a computing center, marking a significant step in its business transformation [6]. - To address its shortcomings in the new energy sector, the company established Huafeng New Energy (Changzhou) Co., Ltd. in June 2025, focusing on developing new energy batteries and exploring integrated applications [7]. Group 5: Future Outlook - Analysts suggest that if the company can secure similar cooperation orders as with Shanghai Jipian, it could effectively fill the revenue gap from traditional heavy truck components and provide short-term performance support [8]. - The progress of the solid-state battery project and the order situation for new energy battery products will be crucial for the company's long-term competitiveness in the new energy sector [8].