Grand China's 2025 revenue surged 27% to 2.8 billion yuan, achieving a net profit of 350 million yuan and turning losses into gains.

Yuanda China's 2025 revenue surged 27% to 2.8 billion yuan, net profit of 350 million yuan turned from loss to profit

Hong Kong, April 1, 2026 - (ACN Newswire) - On March 31, 2026, Yuanda China Holdings Limited (Stock Code: $YUANDA CHINA(2789.HK), hereinafter referred to as "Yuanda China"), a global leader in building curtain walls, announced its audited consolidated annual results for the year ended December 31, 2025 (the reporting period).

In 2025, competition in the building curtain wall industry intensified, placing higher demands on companies' technical capabilities, project management, and capital operation. Facing the market landscape of 2025, the Group adhered to the business principle of "prudent operation, quality and efficiency improvement, and controllable risks," fully leveraging its professional advantages. Throughout the year, the Group continued to deepen refined management, using full-cycle lean project control as a key tool to effectively enhance project quality and delivery efficiency. Simultaneously, it strengthened supply chain collaboration, strictly controlled procurement costs, and further consolidated its cost competitiveness. In terms of market expansion, the Group focused on high-quality overseas clients and projects, proactively avoiding high-risk orders to ensure healthy and stable cash flow. Additionally, the Group deepened technological innovation and production model reform, obtaining 7 new utility model patents and building a product system with core technological competitiveness. In 2025, thanks to its prudent business strategy and excellent project execution capabilities, the Group achieved a stable and positive development trend.

Benefiting from the continuous improvement in operational efficiency and the smooth delivery of core projects both domestically and internationally, the Group's revenue in 2025 increased significantly by 27.2% year-on-year to approximately 2.815 billion yuan (in Renminbi, same below). Domestic revenue accounted for about 1.272 billion yuan, a 25.1% increase from 2024, representing approximately 45.2% of the Group's total revenue. Overseas revenue reached about 1.543 billion yuan, a 29.0% increase from 2024, accounting for approximately 54.8% of the total. Meanwhile, benefiting from its internationalization strategy, the Group achieved significant performance growth in overseas markets, particularly in regions like Australia and the Middle East, in 2025. The total value of newly contracted projects during the period was approximately 5.168 billion yuan, an increase of about 55.4% compared to 2024. As of December 31, 2025, the Group's outstanding contract value was about 13.201 billion yuan, providing strong support for development in the next 2-3 years.

Furthermore, the Group focused on high-quality client resources, increased coverage breadth and depth, and simultaneously raised the proportion of high-margin engineering projects. Benefiting from these measures, the Group's overall gross profit margin steadily improved, and profitability continued to strengthen. In 2025, the Group's gross profit margin was approximately 26.1%, an increase of about 6.6 percentage points from 2024. At the same time, the Group continued to strengthen the collection management of accounts receivable and contract asset arrears. The days sales outstanding (DSO) decreased by 41.0% year-on-year to about 184 days, and the days payable outstanding (DPO) for trade payables and notes payable decreased by 50.6% year-on-year to about 214 days, leading to a comprehensive improvement in capital turnover efficiency. During the period, the Group's adjusted gross profit margin increased even more significantly by 18.8 percentage points to approximately 30.3%, demonstrating strong profit quality. During the reporting period, the profit attributable to the company's shareholders for the year was approximately 353 million yuan, successfully turning around from a loss of 354 million yuan in 2024.

Looking ahead to 2026, the building curtain wall industry still faces multiple pressures, including slow demand recovery, intensified competition, and cost fluctuations. However, the industry will also enter a strategic period of technological upgrading and green transformation. Innovative products such as prefabricated curtain walls and building-integrated photovoltaics (BIPV) are expected to accelerate their penetration, and digital transformation remains the main path for industry development. The Group will consistently adhere to a prudent and steady business philosophy, integrating risk prevention and control throughout the entire business process. It will leverage its core strengths, closely monitor market changes, rationally plan its business layout, and ensure stable and orderly business development. For the future, the Group will balance efficiency improvement with risk control. It will consolidate its existing core market share through refined management, focusing on core regional markets and prioritizing projects with controllable risks. The Group will further strengthen technology R&D, enhance system integration capabilities, and create more benchmark curtain wall projects. It will deepen internal management reforms, optimize resource allocation, and continuously improve operational efficiency and profitability. At the same time, it will strictly adhere to risk bottom lines, ensure capital safety, and drive the Group towards high-quality, sustainable development, creating greater value for shareholders and delivering more high-quality projects.