宗申动力（001696）8月25日晚披露2025年半年报，报告期内，公司实现营业收入66.55亿元，同比增长 40.29%；归属于上市公司股东的净利润5.06亿元，同比增长79.37%。 宗申动力电驱动系统、储能、氢能源业务的进展也可圈可点。 半年报显示，公司产品在电动摩托车市场、特种车辆市场及园林市场均取得较大突破，并实现批量供 货。储能业务领域，公司旗下东莞锂智慧已形成覆盖家用与工商业场景的多款储能系统产品体系。同 时，东莞锂智慧持续推动产品迭代升级，已完成光储逆一体化房车全电系统的研发工作，并启动小批量 试产。 氢能源业务上，宗申动力已掌握50kW及以下中、小功率燃料电池系统集成能力，完成SL15、SL20等系 列水冷燃料电池系统的开发，并基于终端场景需求，分别在2吨、3.5吨叉车等应用场景开展小批量示范 应用。 宗申动力是国内通用汽油机、通用机械终端产品和摩托车发动机制造的龙头企业。报告期内，公司持续 巩固"通用机械"和"摩托车发动机"两大传统主业在行业中的龙头地位，并加大在"航空动力""新能 源"和"高端零部件"等新兴领域的研发投入和市场开拓力度，实现经营规模与盈利能力全面提升。 上半年，公司通机产 ...

Core Viewpoint - Zongshen Power (001696.SZ) has reported strong growth in its operating performance, driven by its two traditional main businesses: general machinery and motorcycle engines, with a projected net profit of 479 million to 564 million yuan for the first half of the year, representing a year-on-year increase of 70% to 100% [1][3][4] Group 1: Financial Performance - For the first half of the year, the company expects a net profit attributable to shareholders of 479 million to 564 million yuan, compared to 282 million yuan in the same period last year, indicating a growth rate of 70% to 100% [3][4] - The company anticipates a non-recurring net profit of 456 million to 536 million yuan, also reflecting a year-on-year increase of 70% to 100% [3] - In the first quarter, Zongshen Power achieved operating revenue and net profit of 3.243 billion yuan and 226 million yuan, respectively, marking year-on-year growth of 39.11% and 88.28% [3][4] Group 2: Business Segments - The growth in net profit is attributed to the expansion of the general machinery and motorcycle engine businesses, as well as increased investment income from joint ventures [4][5] - The company has maintained profitability since its reverse listing in 2003, with annual profits exceeding 200 million yuan since 2007 [5][7] - Zongshen Power's revenue has shown a consistent upward trend, with revenues reaching 10.506 billion yuan in 2024, marking the first time it surpassed 10 billion yuan [5][8] Group 3: Strategic Development - The company is undergoing continuous transformation and upgrading, expanding from motorcycles to engines, general machinery, and now into new energy power systems and energy storage [1][6][8] - Zongshen Power has invested over 300 million yuan annually in research and development over the past two years to support its technological advancements [2][8] - The company is actively pursuing a dual-driven strategy in the new energy sector, establishing product systems in new energy power systems and energy storage, with significant contributions to revenue from these new business lines [8]