Financial Performance Summary - In 2025, the company achieved total operating revenue of 726.05 million, a decrease of 6.47% compared to the previous year [2] - Operating profit was 65.68 million, down 53.70% year-on-year [2] - Total profit amounted to 66.28 million, reflecting a decline of 51.87% from the previous year [2] - Net profit attributable to shareholders was 57.55 million, a decrease of 52.09% compared to the previous year [2] Reasons for Performance Decline - The main business segment of grinding systems and supporting equipment generated revenue of 324.85 million, down 16.84% year-on-year, primarily due to decreased orders from the cement roller press market and unrecognized revenue from certain mining projects [3] - Increased expenses related to expanding overseas markets for grinding systems contributed to the decline in operating profit, total profit, and net profit for this business segment [3] Financial Position Overview - As of December 31, 2025, total assets were 3,641.28 million, an increase of 5.59% from the previous year [4] - Total liabilities rose to 866.48 million, up 29.52% year-on-year, mainly due to increased contracts and prepayments related to mining high-pressure grinding machines [4] - Shareholders' equity was 2,774.80 million, a slight decrease of 0.17% from the previous year, attributed to lower net profit and increased cash dividends [4] Performance Forecast Consistency - The reported performance aligns with the company's previous earnings forecast disclosed on January 23, 2026 [5]

Core Insights - The main reasons for the decline in performance are attributed to the pressure on the core business of manufacturing grinding systems and related equipment, with a revenue drop of approximately 16.84% year-on-year [1] - The company reported a total revenue of about 7.26 billion yuan for 2025, a decrease of 6.47% year-on-year, and a net profit attributable to shareholders of 575.45 million yuan, down 52.09% year-on-year [2] Financial Performance - The grinding systems and related equipment segment generated approximately 325 million yuan in revenue, impacted by decreased orders due to market demand and increased competition [1] - Total assets as of December 31, 2025, were approximately 3.641 billion yuan, reflecting a year-on-year increase of 5.59%, while total liabilities rose by 29.52% to about 866 million yuan [1] - The equity attributable to shareholders slightly decreased by 0.17% to 2.775 billion yuan, influenced by a decline in net profit and increased cash dividends [1]

Core Viewpoint - The company reported a decline in both revenue and net profit for the fiscal year 2025, indicating challenges in its operational performance [1]. Financial Performance - The company achieved total operating revenue of 726 million yuan, a decrease of 6.47% compared to the same period last year [1]. - The net profit attributable to shareholders was 57.545 million yuan, reflecting a significant decline of 52.09% year-on-year [1]. - Basic earnings per share were reported at 0.06 yuan [1]. Business Segment Performance - The main business segment, which involves the manufacturing of grinding systems and related equipment, generated operating revenue of 325 million yuan, down 16.84% from the previous year [1]. - To expand its overseas market for grinding systems and related equipment, the company increased its expenses compared to the previous period [1].

Core Viewpoint - The company reported a decline in both revenue and net profit for the fiscal year 2025, indicating challenges in its operational performance [1] Financial Performance - The company achieved total operating revenue of 726 million yuan, a decrease of 6.47% compared to the same period last year [1] - The net profit attributable to shareholders was 57.545 million yuan, reflecting a significant decline of 52.09% year-on-year [1] - Basic earnings per share were reported at 0.06 yuan [1] Business Segment Performance - The main business segment, which involves the manufacturing of grinding systems and related equipment, generated operating revenue of 325 million yuan, down 16.84% from the previous year [1] - The company increased expenses in an effort to expand its overseas market for grinding systems and related equipment [1]

Group 1 - The company reported a total operating revenue of 726.0454 million yuan for the year 2025, representing a decrease of 6.47% compared to the previous year [1] - Operating profit was 65.6807 million yuan, down 53.70% year-on-year [1] - Total profit amounted to 66.2764 million yuan, reflecting a decline of 51.87% from the previous year [1] - The net profit attributable to shareholders was 57.5450 million yuan, a decrease of 52.09% compared to the same period last year [1] Group 2 - The company's main business of manufacturing grinding systems and related equipment generated operating revenue of 324.8475 million yuan, down 16.84% year-on-year [1] - The decline in revenue was primarily due to decreased orders for cement roller presses and related equipment, influenced by market demand and intensified competition [1] - Additionally, some projects related to high-pressure grinding machines for mining have not yet been delivered and settled, resulting in unrecognized revenue [1]

Core Viewpoint - The company reported a decline in both total revenue and net profit for the fiscal year 2025, indicating challenges in the market and operational performance [1] Financial Performance - The total operating revenue for 2025 was 726 million yuan, a year-on-year decrease of 6.47% [1] - The net profit for the same period was 57.545 million yuan, reflecting a significant year-on-year decline of 52.09% [1] Business Segments - The main business segment, which involves the manufacturing of grinding systems and related equipment, generated revenue of 325 million yuan, down 16.84% compared to the previous year [1] - The decline in revenue for this segment is attributed to decreased market demand for cement roller presses and intensified competition, leading to a reduction in orders [1] - Additionally, some projects related to high-pressure grinding machines for mining have not yet been delivered and settled, resulting in unrecognized revenue [1]

Group 1 - The core point of the announcement is that Chengdu Lijun Industrial Co., Ltd. has approved the establishment of wholly-owned subsidiaries in Hong Kong and Peru through its wholly-owned subsidiary in Singapore, with a total investment not exceeding 3 million USD [6][12][15] Group 2 - The board meeting was held on February 5, 2026, with all 9 directors participating via remote voting, and the meeting complied with legal and regulatory requirements [2][3][5][4] - The investment aims to expand the company's international market for its main grinding systems and related equipment, enhancing its global operational network and market share [12][15] - The investment will be funded by the company's own funds and is not expected to significantly impact the company's financial status or ongoing operations [13][17]

Group 1 - The core viewpoint of the article is that Lijun Co., Ltd. plans to expand its international market for grinding systems and related equipment by establishing subsidiaries in Hong Kong and Peru [1] Group 2 - The company intends to invest a total of no more than 3 million USD through its wholly-owned subsidiary, Lijun Holdings (Singapore) Private Limited [1] - Two wholly-owned secondary subsidiaries will be set up in Hong Kong to facilitate this investment [1] - A wholly-owned tertiary subsidiary will be established in Peru as part of this expansion strategy [1]

Group 1: Research Basic Information - The research object is Lijun Co., Ltd., belonging to the special equipment industry, and the reception time was September 12, 2025. The listed company's reception staff included the general manager, the chief financial officer Lin Lin, the board secretary Hu Yijun, the securities affairs representative Gao Feng, and the independent director Liu Lina [17] Group 2: Detailed Research Institutions - The reception objects include investors' online questions and others, with the types of reception objects and relevant institutional personnel involved [20] Group 3: Research Institution Proportion - Documentation about research institution proportion is not provided in the given content Group 4: Main Content Data - The company will increase R & D innovation investment in its focused fields to enhance product competitiveness and expand market share [24] - The company's management will focus on existing businesses, follow industry policies, seize market opportunities, and strengthen competitive product markets to improve performance [24] - The company has no share - repurchase plan currently and will disclose information if there is a plan in the future [24] - In 2025, the company's accounts receivable balance decreased slightly compared to the previous year, with about 63% within one - year. The recovery risk is considered low after deducting bad debts. Management measures include improving sales policies, establishing a customer credit evaluation system, and strengthening collection efforts [25] - For the core competitiveness in the aerospace parts manufacturing business, refer to the company's regular reports [25] - The company will seize aerospace market opportunities, enhance product competitiveness, and expand market development to achieve better performance [25] - The company is paying attention to the development of the low - altitude economy and will seize opportunities based on its technology, process, and production capacity [26] - The company will focus on the healthy development of its main business, increase R & D investment, and improve competitiveness to boost investors' confidence [26]

Core Viewpoint - The company held an online earnings briefing on September 12, 2025, to address investor concerns regarding product competitiveness, business adjustments, and financial health [1] Group 1: Product Competitiveness and Market Share - The company aims to enhance product competitiveness and expand market share despite facing intense market competition, leveraging its technological advantages in grinding systems and aerospace component manufacturing [1] - The management plans to increase R&D investment in focused areas to create value for customers and shareholders [1] Group 2: Business Layout Adjustments - The company's mid-2025 report indicated a decline in both revenue and net profit, affecting key business segments such as aerospace components and roller presses [1] - Management will continue to focus on existing businesses, monitor industry policy trends, and seize market opportunities to solidify the market for core products [1] Group 3: Financial Health and Risk Management - The company reported a significant amount of accounts receivable, which accounted for 183.98% of the latest annual net profit [1] - The management indicated a slight decrease in accounts receivable compared to the previous year, with about 63% of accounts receivable due within one year, and assessed the recovery risk as low after accounting for bad debts [1] - Measures to enhance risk management include improving sales policies, increasing risk awareness, and establishing a customer credit evaluation system [1] Group 4: Market Opportunities and Strategic Plans - The company is focused on capitalizing on opportunities in the aerospace sector to enhance product competitiveness and expand its market presence [1] - The company is closely monitoring the development of the low-altitude economy and plans to leverage its technology and production capacity to promote sustainable growth [1] Group 5: Stock Performance and Company Initiatives - In response to a slight decline in stock price, the company emphasized its commitment to healthy business development, increased R&D investment, and technological innovation to boost industry competitiveness and shareholder returns [1]