Huayi Technology: Net profit loss of 57.5124 million yuan in 2025

Wayi Technology releases a performance brief. For fiscal year 2025, the company achieved total operating revenue of RMB 517 million, up 21.99% year over year; net profit reported a loss of RMB 57.5124 million, compared with a loss of RMB 46.737 million in the same period last year. During the current year, the company’s new-energy powertrain testing service capacity continued to expand; business revenue grew. Revenue from its intelligent driving business gradually began production and ramped up, with a relatively large increase. At the same time, the expansion of capacity from newly投入 testing and production equipment is a gradual process. Fixed costs are higher in the initial investment stage; costs for market development and operational management increase; and the growth rate of fixed costs and expenses such as equipment depreciation is greater than expected, resulting in profit not meeting expectations. As production and testing scale expand further and unit fixed costs are continuously diluted, future profitability is promising.