Sulian Co., Ltd. achieved revenue of 1.436 billion yuan in 2025, marking a 15.61% increase. However, its non-GAAP net profit reached 116 million yuan with a slowdown in growth rate, while cash flow surged by 386%.

The company's revenue and net profit attributable to shareholders are both expected to increase by approximately 15.6% in 2025, but the adjusted net profit will rise by only 7.0%, primarily due to non-recurring gains and losses accounting for 18.2%. Pressure on gross margins and a significant rise in sales expenses have weighed on short-term profitability, while operating cash flow surged by 386.1%, reflecting improvements in collections. The concentration of core businesses has increased to 98.24%, with R&D intensity rising to 5.56%, alongside ongoing efforts in acquisitions, establishment of new subsidiaries, and capacity expansion.

lanjinger.comApr 24 12:05

Sulian Shares: First Quarter Report for 2026

SZSIApr 24 00:00 · Announcements

Sulian Shares: 2025 Annual Report

SZSIApr 24 00:00 · Announcements

Sulian Shares: Summary of the 2025 Annual Report

SZSIApr 24 00:00 · Announcements

Sulian Co., Ltd. (301397.SZ): Q1 net profit attributable to shareholders was RMB 21.1014 million, a year-on-year decrease of 37.03%.

Gelonghui, April 23rd丨Sulian Co., Ltd. (301397.SZ) released its Q1 2026 report. During the reporting period, the company achieved operating revenue of 277 million yuan, representing a year-on-year decrease of 18.26%; net profit attributable to shareholders of the listed company was 21.1014 million yuan, marking a year-on-year decrease of 37.03%; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 16.4693 million yuan, reflecting a year-on-year decrease of 49.62%; basic earnings per share were 0.14 yuan.

Gelonghui FinanceApr 23 23:10

Sulian Zhikong UQD Obtains UL Certification

On April 14, Gelonghui reported that UQD series, the core liquid-cooling component of SuLian (Chongqing) Intelligent Control Technology Co., Ltd., a subsidiary of SuLian Co., Ltd., has successfully passed UL certification and officially obtained the 'safety pass' to enter the global mainstream market.

Gelonghui FinanceApr 14 10:52