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Supplementary Due Diligence Report by China Investment Securities Co., Ltd. on the Decline in Operating Performance of Yiwu Huading Nylon Co., Ltd.
Huading Co., Ltd. (601113): Delayed price increases weigh on gross margins; nylon profitability expected to recover in Q2 2026
FY25 performance met our expectations. The company reported revenue of 4.726 billion yuan for FY25, a year-on-year decrease of 37.2%; net profit attributable to shareholders was 224 million yuan, down 54.3% year-on-year. In 4Q25, revenue reached 1.1 billion yuan.
Huading Co., Ltd. (601113): Performance under pressure due to industry cycles, high-end strategy continues to demonstrate growth resilience
Event Description: On April 23, 2026, Huading Co., Ltd. officially released its 2025 annual report, followed by the release of its Q1 2026 financial report on April 27, 2026. For the entire year of 2025, the company achieved total operating revenue.
Huading Shares: Yiwu Huading Jinlun Co., Ltd. First Quarter Report for 2026
Announcement on Key Operating Data for the First Quarter of 2026 of Yiwu Huading Nylon Co., Ltd.
Yiwu Huading Nylon Co., Ltd. First Quarter Report for 2026