According to Tongbi Finance, Zhuozhao Dispensing (920026.BJ) disclosed its investor relations activity record on June 5, stating that the company hosted a site visit for institutions including Huatai Securities on June 3, responding to core issues such as the reasons for the significant growth in performance in 2025, the contribution of Guangdong Pusen to the consolidated financial statements, and business layout.
As understood from Tongbi Finance, Suzhou Zhuozhao Dispensing Co., Ltd. was established in 2015 and went public on the Beijing Stock Exchange in 2023. The company operates in the specialized equipment manufacturing industry (C35), with a sub-sector in the manufacturing of electronic components and electromechanical component equipment (C3563). Its main business includes the research, production, and sales of high-precision intelligent dispensing equipment, dispensing valves and their core components, and dispensing consumables. The company's products are widely used in consumer electronics, semiconductor packaging, photovoltaic components, and electronics for new energy vehicles. The 2025 annual report shows that the company achieved operating revenue of 379 million yuan, a significant increase compared to 2024; in the first half of 2025, it achieved revenue of 156 million yuan, a year-on-year increase of 207.46%; and a net profit attributable to the parent company of 26.78 million yuan, a year-on-year increase of 322.66%. The company has been recognized as a national-level specialized and innovative &#34;little giant&#34; enterprise and a high-tech enterprise.
Regarding the reasons for the significant revenue growth in 2025, the company stated that it mainly benefits from two factors: first, the recovery of demand in the consumer electronics market in 2025 provides a favorable external environment; second, the company has laid out and incubated multiple emerging business areas in 2024, which will gradually translate into performance in 2025. In terms of expanding emerging businesses, the company has secured mass production orders worth tens of millions in the fields of visual inspection and MetaAI glasses, and successfully entered the supplier system of CATL, obtaining a Vendor Code from Samsung Electronics.
Concerning the contribution of Guangdong Pusen Plastic Technology Co., Ltd. to the consolidated financial statements, the company revealed that Guangdong Pusen completed the delivery in January 2025 and was included in the consolidated financial statements starting in February. For the entire year of 2025, Guangdong Pusen achieved operating revenue of approximately 100 million yuan and a net profit of about 30 million yuan. After deducting the impact of consolidation offsets, the actual net profit attributable to the parent company included in the consolidated financial statements is approximately 10 million yuan.
In terms of business development strategy, the company stated that there are currently no specific regional layout plans, and business expansion is mainly based on the regions where the customer groups of each business segment are located. The company is actively leveraging its existing technological reserves to expand the market in fields such as semiconductor packaging, high-viscosity sealing for photovoltaic components, and electronics for new energy vehicles, promoting the rapid implementation and effectiveness of new businesses

300750

SSNGY

SMSN

03750

Zhuozhao Dianjiao disclosed the research minutes, projecting revenue of 379 million yuan in 2025, with a net profit attributable to the parent company of 26.78 million yuan, a significant year-on-year increase. The growth is attributed to the recovery of consumer electronics and the layout of emerging businesses. The company received tens of millions in orders for visual inspection and MetaAI glasses and has entered the supply chains of CATL and Samsung. Guangdong Pusen was consolidated in January, contributing approximately 10 million in net profit for the year. The company currently has no clear regional planning and will expand its business according to customer distribution

同壁财经

CATL

Samsung Electronics 

Samsung Electronics Co., Ltd. Sponsored GDR

HTSC

Huatai Securities Co., Ltd. GDR Class A RegS

CATL HK SDR 30to1

Zhuozhao Dianjiao disclosed the research minutes: Pusen's consolidated contribution of tens of millions in net profit, achieving leapfrog growth in performance by 2025