Traditional business renewal, emerging business advancement. Shenshijie’s net profit in 2025 is expected to increase by over 53% year-on-year.

Sourced from: China Securities Journal • CNI Net

CNI Net (Reporter: Huang Lingling) The annual report for 2025 disclosed earlier by Shensai Ge shows that in 2025, the company recorded operating revenue of RMB 1.688 billion, down slightly by 4.5% year over year; and attributable net profit of RMB 69.3947 million, up 53.51% year over year.

During the reporting period, the company took reform and innovation and digital empowerment as its drivers to promote optimization of its business structure. Although operating revenue declined slightly due to adjustments in the property segment business, with net profit boosted significantly by investment gains and refined operations across all segments, the company achieved breakthroughs in all four major core businesses. At the same time, the company also clarified its development direction for 2026—AI empowerment and promoting the transformation and upgrading of existing businesses—showing an overall trend of “steady progress with improved quality and efficiency.”

Breakthroughs in all four major core businesses

Shensai Ge’s core businesses include electronic market operating services, inspection and testing certification, property operation management and city services, as well as new energy.

In the electronic market circulation sector, the company successfully built two well-known brands—Seg Electronics Market and Seg Communications Market. Its business network covers South China, East China, Central China, and Northwest China. The company has actively participated in the construction of “China’s No.1 Electronics Street” in Huaqiangbei and makes full use of digital and smart tools, as well as the “Brand Going Global” action, to empower merchants’ business development in multiple dimensions.

The company’s inspection and testing certification business covers strategic and emerging industries such as semiconductors, new energy, aerospace, and next-generation information technology. The company provides inspection and testing certification services to more than 3,000 well-known domestic and international enterprises and institutions. As of the end of the reporting period, the company held 252 authorized patents.

In the property operation management and city services sector, Shensai Ge has built an advantageous portfolio matrix of a certain scale and differentiated competitive advantages. Currently, it provides services for more than 100 locations covering government offices, hospitals, and schools.

In the new energy sector, Shensai Ge has established an integrated full-industry-chain layout that combines R&D, production, construction, operations, and services related to new energy. In 2025, the company continuously expanded its project resource reserves. As of the end of the reporting period, the cumulative contribution volume of green electricity had already exceeded 180 million kWh.

“Targeted efforts” to improve operational efficiency

In 2025, Shensai Ge, based on the characteristics and needs of different businesses, carried out “targeted efforts” to promote improvements in the operational efficiency of its various business operations.

Shensai Ge said that the company uses data-driven management and decision-making to continuously improve business operational efficiency. In the electronic market business, it promoted the building of a digital and smart operation system and an intelligent guide system to address prominent issues faced by market merchants, purchasing customers, and the company’s own operational management, thereby推动传统市场向智慧服务模式转型.

In the inspection and testing certification business, the company adheres to coordinated development of endogenous growth and external acquisitions. During the reporting period, the company completed multiple flagship projects such as the “One Arrow and Four Stars” vibration testing, significantly enhancing its brand influence; meanwhile, it introduced multiple sets of advanced equipment to improve testing capabilities. In addition, the company completed the acquisition of the 863 Company, building a “headquarters–regional” collaboration network with Shenzhen as the business hub.

The company continues to expand application scenarios and build demonstration projects that are replicable and scalable. In the new energy sector, based on photovoltaic technology, it has successively developed demonstration projects for photovoltaic building integration (BIPV) and zero-carbon parks, widening BIPV applications across diversified scenarios such as large transportation hubs and sports event venues, and promoting deep integration between green buildings and clean energy applications.

Advancing deep integration of “industry + AI”

Looking ahead, Shensai Ge said it will focus on building a new energy system, promoting high-quality development, and cultivating new productive forces, and will continue to contribute to the construction of the country’s modernized industrial system.

To achieve this goal, the company will build on its existing industrial foundation and, through a systematic approach of “strengthening the core, filling short boards, extending the value chain, and optimizing the ecosystem,” promote comprehensive industrial upgrading. At the same time, relying on the company’s rich business application scenarios, it will推进“产业+AI”深度融合.

In the electronic market circulation sector, the company will deepen the application of cutting-edge technologies to drive related businesses to transform from traditional circulation to a “digital platform + industrial chain services” model. Meanwhile, it will further expand the boundaries of its business, selectively enter high value-added segments within industrial value chains when the timing is right, and strive to build an electronic information industry cluster with core technical capabilities and strong industrial driving power.

In the inspection and testing certification sector, the company will focus on core business areas such as semiconductors, new energy, aerospace, and next-generation information technology to lay out new tracks with high growth potential. At the same time, it will actively seek high-quality investment and acquisition targets to optimize its business layout and expand.

In the property operation management and city services sector, the company will comprehensively build a smart property platform, driving itself to transform into a comprehensive city services provider of “smart property + industrial supporting services + urban low-carbon services.”

In the new energy sector, the company will accelerate the construction of a smart energy ecosystem, systematically advance the integrated application of “new energy + artificial intelligence,” and improve the response speed, as well as the stability, of photovoltaic power station operations and energy storage systems. Meanwhile, it will推进BIPV市场与业务场景拓展，打造智能充电网络服务体系，为用户提供更加高效便捷的绿色能源综合解决方案.

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