---
title: "Huaxi Securities: HUHUA achieved its best historical performance in Q2, maintaining an \"Overweight\" rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248347166.md"
description: "HuHua Co., Ltd. released a research report stating that it is expected to achieve a net profit attributable to the parent company of 90-115 million yuan in the first half of the year, a year-on-year increase of 43.91%-83.89%. The net profit attributable to the parent company for Q2 is expected to be 80 million yuan, setting a historical best performance. The profit growth is mainly attributed to a favorable market and increased product sales. The company has added 2,000 tons of explosive capacity for export, which is expected to further enhance performance. In addition, HuHua Co., Ltd. has signed a strategic cooperation agreement with China Railway 19th Bureau, and both parties will cooperate deeply in areas such as mining engineering. The rating is maintained at \"Overweight.\""
datetime: "2025-07-14T06:09:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248347166.md)
  - [en](https://longbridge.com/en/news/248347166.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248347166.md)
---

# Huaxi Securities: HUHUA achieved its best historical performance in Q2, maintaining an "Overweight" rating

Huaxi Securities research report points out that HUHUA is expected to achieve a net profit attributable to the parent company of 90-115 million yuan in the first half of the year, a year-on-year increase of 43.91%-83.89%; based on the forecast median, it is expected to achieve a net profit attributable to the parent company of 102.5 million yuan in the first half of the year, with an estimated net profit attributable to the parent company of 80 million yuan in Q2, creating the best performance in history. The significant profit growth is mainly due to the favorable market conditions, with substantial increases in sales of the company's products such as detonators, explosives, and blasting devices, as well as an increase in blasting services for national key engineering projects. The company currently has a blasting device production capacity of 2,300 tons, with strong demand in overseas markets leading to supply shortages. According to "HUHUA Information," on July 9, the company received approval for a new blasting device production capacity of 2,000 tons, specifically for export, and the new capacity is expected to continue to meet the strong overseas demand, enhancing the company's performance. In addition, the group recently signed a strategic cooperation framework agreement with China Railway 19th Bureau. In the future, both parties will deepen cooperation in various mining engineering bidding and project contracting, especially in jointly participating in major project construction in Tibet and Xinjiang. Maintain "Overweight" rating

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