CHANGLAN TECH.(SZ:002879)2026-03-18 08:24Financial Performance - In 2025, the company achieved a revenue of 144,037.32 million CNY, representing a year-on-year growth of 15.97% [3] - The net profit attributable to shareholders was 13,376.44 million CNY, with a significant increase of 79.11% compared to the previous year [3] - The net profit after deducting non-recurring gains and losses reached 13,028.38 million CNY, marking an 88.32% year-on-year growth [3] - Earnings per share (EPS) stood at 0.78 CNY [3] - As of December 31, 2025, total assets amounted to 270,630.61 million CNY, with total equity of 173,208.64 million CNY [3] Investment Strategy - The company is focusing on high-performance, specialty insulation materials as the core of its investment strategy [3] - Plans include strategic layout in emerging applications such as immersion liquid cooling, leveraging expertise in insulation materials and transformer oil [3] - A professional team will be established to track industry developments and optimize R&D directions [3] International Market Expansion - The company has developed a differentiated overseas market expansion strategy, targeting high-end markets in Europe and the U.S. [3] - Emphasis on promoting high-voltage and ultra-high-voltage cable accessory products while expanding into emerging markets with medium and low-voltage products [3] - Preparations for establishing overseas production bases are underway, with a focus on selecting capable partners and exploring diverse cooperation models [3] Product Development - Successful pre-identification tests for 750kV cable accessories have been completed, positioning the company among the few globally to achieve this in urban grid equipment [3] - The successful delivery of 500kV AC/DC cable accessories in specific projects marks a significant technological advancement in offshore wind power applications [3] - These developments reinforce the company's leading position in ultra-high voltage cable accessory technology [4]