Electronic Equipment and Instruments

Hexing

Hexing released FY2026 Q1 earnings on April 29 After-Market BJT, with actual revenue of CNY 1.126 B and EPS of CNY 0.19

Hexing to Release FY2026 Q1 Earnings on April 30 After-Market (BJT)

Hexing released FY2025 Q4 earnings on April 20 After-Market (BJT), actual revenue CNY 1.4 B, actual EPS CNY -0.0065

Hexing released FY2025 annual earnings on April 20 After-Market (BJT), actual revenue CNY 4.769 B (forecast CNY 5.154 B), actual EPS CNY 1.51 (forecast CNY 2.1333)

Hexing to Release FY2025 Earnings on April 21 After-Market (BJT), Forecast Revenue CNY 5.154 B, EPS CNY 2.1333

Hexing released FY2025 Q3 earnings during market hours on October 27 (BJT), with actual revenue of CNY 1.445 B and EPS of CNY 0.6876

Hexing released FY2025 9 Months Earnings on October 27 During-Market (BJT), actual revenue CNY 3.369 B, actual EPS CNY 1.5092

Hexing FY2025 Q3 Earnings Release on October 28, 2025 During-Market (BJT)

Hexing released FY2025 Semi-Annual Earnings on August 18 During-Market (BJT), Actual Revenue: CNY 1.924 B, Actual EPS: CNY 0.82

Hexing released FY2025 Q2 earnings on August 18 During-Market (BJT), actual revenue CNY 1.139 B, actual EPS CNY 0.5316

Hexing to Release FY2025 Semi-Annual Earnings on August 19, 2025 (BJT)

HaiXing Electric Wins Bid for State Grid Procurement Project

HaiXing Electric Plans to Repurchase Shares

Haining Power and CICC Cooperation Signing Ceremony

HaiXing Electric Participates in Establishing Zhongjin Haixing Equity Investment Fund

HaiXing Holding Transfers Shares to Zhou Junhe

Huansan Securities Rates Hailong Power as Buy

HaiXing Power Revenue and Net Profit Declined in Q1 2025

Hexing released FY2025 Q1 earnings on April 29 Pre-Market (BJT), actual revenue CNY 784.49 M, actual EPS CNY 0.29

Hexing FY2025 Q1 Earnings Release on April 30, Pre-Market BJT

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Hexing Power announced that its stock price deviation exceeded 20% cumulatively over two consecutive trading days on October 28 and 29, 2025, which constitutes an abnormal fluctuation. After self-examination and confirmation from the controlling shareholder, there are no significant matters affecting the stock trading price, aside from publicly disclosed information, and there is no undisclosed significant information

Zhitong

Hexing Electric Power: The cumulative deviation value of the closing price increase of the stock has exceeded 20% for two consecutive trading days

Hexing announced that its revenue for the third quarter was 1.445 billion yuan, a year-on-year increase of 25.12%; net profit was 336 million yuan, a year-on-year increase of 30.21%. Revenue for the first three quarters was 3.369 billion yuan, a year-on-year decrease of 1.19%; net profit was 732 million yuan, a year-on-year decrease of 7.48%

Hexing Electric Power: Third-quarter net profit of 336 million yuan, a year-on-year increase of 30.21%

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The CSI All Share Power Equipment Index rose by over 2%, NST, SAC, SIFANG, and JSSMDL hit the daily limit, while Hexing and SINOJIT Technology had the largest gains

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Transformer exports continue to thrive, and the power equipment sector rises over 2%

Hexing Electric Power announced that it has been recommended as the candidate for the winning bid for the 53rd batch of procurement projects by State Grid Corporation of China in 2025, with an expected bid amount of approximately 128 million yuan. The contract performance of this project will positively impact the company's future operating performance, but will not affect the company's operational independence

Hexing Power is expected to win a bid for a 128 million yuan State Grid project

Huatai Securities maintains a "Buy" rating on Hexing Electric Power, despite a year-on-year decline of 25.74% in net profit attributable to the parent company in H1 2025 and a decline of 20.16% in Q2 2025. The short-term revenue decline is affected by fluctuations in overseas demand, but the long-term trend remains unchanged. The company is accelerating its global layout in the smart power distribution business, with its South Africa factory already in production, enhancing its competitiveness in the domestic market, and winning multiple bids totaling over 300 million yuan. The new energy business promotes the coordinated development of the global supply chain through digital system construction

Huatai Securities: Maintains "Buy" rating on Hexing, short-term disturbances do not change long-term trend

Hexing Electric Power released its semi-annual report for 2025, with operating revenue of 1.924 billion yuan, a year-on-year decrease of 14.67%; net profit attributable to the parent company was 396 million yuan, a year-on-year decline of 25.74%. The net profit after deducting non-recurring gains and losses was 376 million yuan, a year-on-year decrease of 28.09%. The basic earnings per share were 0.82 yuan. The reasons for the revenue decline include delays in domestic project performance and fluctuations in overseas demand, while the company increased counter-cyclical investments leading to an increase in expenses

Hexing Electric Power released its performance for the first half of the year, with a net profit attributable to the parent company of 396 million yuan, a decrease of 25.74%

Hexing Electric Power announced that the transfer registration procedures for 24,313,200 shares of the company held by its controlling shareholder, Hexing Holdings, to Mr. Zhou Junhe have been completed. The transfer price for the shares is RMB 23.8 per share, with a total transfer amount of RMB 579 million. After the transfer is completed, Hexing Holdings' shareholding ratio will decrease from 49.30% to 44.30%, while Zhou Junhe will hold 5%. This share transfer will not result in a change of the company's controlling shareholder or actual controller, nor will it adversely affect the company's normal operation and management

Hexing Electric Power: The controlling shareholder Hexing Holdings has completed the transfer and registration of 5% of its shares

According to the Qichacha APP, recently, Zhongjin Hexing Equity Investment Fund Partnership was established with a capital contribution of 800 million yuan. The business scope includes: engaging in equity investment, investment management, asset management, and other activities through private equity funds. Qichacha's equity penetration shows that this enterprise is jointly funded by Hexing and others

Hexing and others establish new equity investment fund partnerships

According to the Qichacha APP, recently, Hangzhou Blue Crystal Water Technology Co., Ltd. was established, with Zhou Liangzhang as the legal representative. The business scope includes: manufacturing of marine engineering equipment; manufacturing of marine environmental monitoring and detection equipment; research and experimental development in engineering and technology; water pollution control, etc. Qichacha's equity penetration shows that the company is wholly owned by Hexing

Hexing Electric Power established a new company, Blue Crystal Water Technology

According to the Zhitong Finance APP, Hexing announced that the company is expected to win the bid for the 31st batch of procurement by State Grid Corporation of China in 2025 (the first bidding procurement for metering equipment in marketing projects), with an estimated total bid amount of approximately 141 million yuan

Hexing Power is expected to win a bid for a State Grid project worth approximately 141 million yuan

Hexing(603556.SH)