【SMM Aluminum Flash News】Forward Technology: Net profit of 19.4612 million yuan in 2025

Lizhong Group disclosed its 2025 preliminary financial results on the evening of February 26. The company achieved operating revenue of 32.139 billion yuan, a year-on-year increase of 17.96%; net profit attributable to the parent company was 889 million yuan, a year-on-year increase of 25.75%. According to the data, the company's main businesses are functional intermediate alloy new materials, recycled cast aluminum alloy materials, and aluminum alloy wheel products.

Mingzhi Technology disclosed its 2025 preliminary financial results on the evening of February 26. The company achieved operating revenue of 530 million yuan, a year-on-year decrease of 16%; net profit attributable to the parent company was 79.7482 million yuan, a year-on-year increase of 20.21%. During the reporting period, the company's overall sales revenue declined slightly year-on-year, mainly due to the impact of project delivery schedule on the equipment business. As some projects have not yet reached the acceptance milestone and large-scale projects are executed across periods, the revenue recognition in this period decreased, while the casting business maintained stable operation.

Ruixin Technology announced that it plans to acquire a 51% stake in Wuhu Deheng Automotive Equipment Co., Ltd. (hereinafter referred to as "Deheng Equipment") from 10 counterparties, including Tong Xiaoping and Zhang Yapeng, through a combination of share issuance and cash payment. Simultaneously, it will raise supporting funds by issuing shares to no more than 35 qualified specific targets, including Kaitou Lingdun. Upon completion of the transaction, Deheng Equipment will become a controlling subsidiary of Ruixin Technology. As of now, the audit and valuation of the target company have not been completed, and the asset valuation and transaction price have not yet been determined. This transaction is expected to constitute a major asset restructuring.