Xiamen Enterprises' "Honor Students" Deliver Impressive Results: Multiple Companies Achieved Double-Digit Growth in Revenue and Net Profit Last Year

Recently, Xiamen Tungsten New Energy, Tebio Biopharmaceuticals, Ed Biological, Yilian Network, Xingchen Technology, and other listed companies in our city have announced their 2025 performance briefings or annual reports; at the same time, companies like Haoli Technology, Xinhe Shares, and Rishang Group have also disclosed earnings forecasts.

These “top students” among Xiamen companies, who were the first to “submit their exams,” demonstrated strong operational resilience over the past year, with many achieving double-digit growth in revenue and net profit, even breaking through industry pressures.

New Energy and AI Drive Double Growth, Leading Material Companies Expect Explosive Growth

Benefiting from the global energy transition and recovery of the consumer electronics industry, new energy material companies performed particularly well. Xiamen Tungsten New Energy’s performance report shows that in 2025, it achieved operating revenue of 20.034 billion yuan, up 47.84% year-on-year; net profit attributable to shareholders was 755 million yuan, up 41.83%.

Regarding the significant growth in performance, Xiamen Tungsten New Energy stated that the company seized the opportunity of national replacement subsidies and responded to the battery capacity upgrade trend driven by AI in 3C (communications, computers, and consumer electronics) devices, continuously increasing its market share of lithium cobalt oxide. Data shows that its annual lithium cobalt oxide sales increased by 41.31% year-on-year. Notably, Xiamen Tungsten New Energy forecasted that revenue from January to February 2026 would grow by 60% to 110% year-on-year, maintaining strong momentum at the start of this year.

Biopharmaceutical Companies Continue to Improve Profitability

In the biopharmaceutical sector, Tebio Biopharmaceuticals and Ed Biological both delivered steady “results.” Tebio’s performance report shows that in 2025, total operating revenue reached 3.696 billion yuan, up 31.18% year-on-year; net profit attributable to shareholders was 1.038 billion yuan, up 25.39%. During the reporting period, its core product Pagon, a key drug for clinical cure of hepatitis B, further solidified its position, and the launch of the new product Yipei became a new growth point.

Ed Biological demonstrated strong growth resilience amid industry pressures, achieving total operating revenue of 1.198 billion yuan in 2025, up 8%; net profit attributable to shareholders was 358 million yuan, a significant increase of 40.42%, with net profit after non-recurring gains and losses increasing by 44.9%. Ed Biological stated that through organizational restructuring, international expansion, and deepening pharmaceutical collaborations, the company’s profitability continued to improve.

Going Global and Intelligent Manufacturing Show Multiple Strengths

In the complex and changing international trade environment, Xiamen manufacturing companies maintain competitiveness through intelligent transformation and market diversification strategies.

As a global leader in communication equipment, Yilian Network achieved revenue of 6.033 billion yuan in 2025, up 7.33% year-on-year; net profit attributable to shareholders was 2.6 billion yuan, a slight decrease of 1.81% due to international trade policy disruptions, but the company still maintained stable market competitiveness in core business areas.

Yilian Network focuses on a “cloud + edge + platform” full-scenario intelligent office ecosystem, covering desktop communication terminals, conference products, and cloud office terminals. Its products are mainly sold to the US, Europe, and other developed regions. Despite high-level cooperation with giants like Microsoft, it continues to expand its own brand overseas and build a high-quality, efficient supply chain system.

Chip design company Xingchen Technology delivered an impressive annual report, with revenue of 2.97 billion yuan in 2025, up 26.3%; net profit attributable to shareholders was 308 million yuan, up 20.3%. Notably, its Q4 performance accelerated, with net profit increasing by 76.9% year-on-year.

The report shows that smart security remains Xingchen Technology’s largest terminal application market, with shipments exceeding 120 million units in 2025, accounting for about 65% of revenue; smart IoT is the second-largest terminal market, with shipments over 41 million units, accounting for about 22%. Additionally, through the acquisition of Shanghai Furui Kun Microelectronics, the company is deepening its strategic layout of AI SoC (Artificial Intelligence System on Chip) chips at the edge and terminal.

Significant Results from Transformation, Traditional Industries Rejuvenated

In traditional industries, several Xiamen companies achieved performance reversals or substantial increases through strategic adjustments.

Women’s clothing company Xinhe Shares expects net profit attributable to shareholders in 2025 to be between 15.5 million and 20 million yuan, a significant increase of 123% to 129.68%, successfully turning losses into profits. Xinhe Shares stated that over the past year, they focused on brand positioning upgrades, channel optimization, membership system deepening, and marketing innovation, driving overall performance recovery.

Haoli Technology expects net profit attributable to shareholders in 2025 to grow by 14.43% to 47.13%. While continuing to develop in the photovoltaic and energy storage sectors with fuse products, its traditional industrial control business remains steady. Rishang Group projects a net profit attributable to shareholders in 2025 to increase by 102.01% to 150.11%, with growth driven by increased export share and higher gross margins in wheels and steel structures.

Currently, our city is focusing on key areas such as new energy and biopharmaceuticals, strengthening policy support, and encouraging companies to increase R&D and market expansion. Data previously released shows that in 2025, our city’s listed companies made solid progress in cultivating new productive forces, internationalization, and upgrading traditional businesses, continuously injecting momentum into high-quality regional economic development.

Source: Xiamen Daily

【Source: Haixi Morning Post】