Major Signal! A-shares Announce Collectively! Record-breaking Net Profit Increase of Over 745% "Cold King" Battle Report Arrives

A-shares company performance is being densely disclosed!

On the evening of February 27, over 400 A-shares companies released their 2025 performance briefings. Many companies turned losses into profits, with some seeing net profit increases of over 100%, truly marking a successful conclusion to the 2025 A-share market. Among them, Cambrian, Buwei Storage, Zhongji Xuanchuang, Lingdian Electric Control, and other star companies in the A-share market all saw significant growth in their performance.

In terms of net profit growth for 2025, Lingdian Electric Control had the largest increase: net profit of 135 million yuan, up 745.02% year-over-year; Buwei Storage’s net profit increased by over 400%, while Nanmo Biotech, Shenyin Electronics, and others also saw growth exceeding 200%.

Additionally, Cambrian, known as the “King of Cold,” excited the market with its performance brief. In 2025, not only did it turn losses into profits, but it also achieved substantial profitability, with net profit exceeding 2 billion yuan. Chip stocks like Moore Threads and Muxi Co. did not turn losses, but their loss reductions were significant. These data points have given the market a different sense of momentum.

Significant Performance Growth

On the evening of February 27, Lingdian Electric Control released its performance brief, reporting total revenue of 1.194 billion yuan in 2025, a slight decrease of 0.17% year-over-year; net profit attributable to the parent company was 135 million yuan, up 745.02%. During the reporting period, the company’s revenue remained basically flat compared to the previous period, while profits surged mainly due to improved profitability of core products and effective cost control.

Buwei Storage announced that in 2025, it achieved revenue of 11.296 billion yuan, up 68.72%; net profit attributable to the parent was 867 million yuan, up 437.56%. Buwei Storage stated that the storage industry recovered during the reporting period, and the company’s business grew significantly. In 2025, the company seized industry upward opportunities, expanded globally with top-tier clients, and achieved breakthroughs in market and business growth, with product sales increasing substantially year-over-year.

Shengyi Electronics released its performance brief, achieving total revenue of 9.494 billion yuan in 2025, up 102.57%; net profit attributable to the parent was 1.473 billion yuan, up 343.76%. The significant increase in revenue was mainly due to the company’s focus on high-end market expansion, production capacity increases, and quality management, with higher-value products making up a larger proportion, consolidating its competitive advantage in the mid-to-high-end market. The large growth in net profit was primarily driven by substantial increases in revenue and gross profit margin compared to the previous year.

Zhongji Xuanchuang reported total revenue of 38.24 billion yuan in 2025, up 60.25%; net profit attributable to the parent was 10.799 billion yuan, up 108.81%. Benefiting from strong investments in computing infrastructure by end customers, the company’s product shipments grew rapidly, with the proportion of high-speed optical modules increasing. Continuous product optimization and operational efficiency improvements led to significant growth in both revenue and net profit compared to the previous year.

Zhongke Laxun announced that in 2025, it achieved total revenue of 1.842 billion yuan, up 1.24%; net profit attributable to the parent was 1.416 billion yuan, up 371.91%. During the period, the company’s fair value changes from investments in Moore Threads and Muxi Co. were substantial.

In addition, Huaguang New Materials, Juyi Technology, Weice Technology, Nanmo Biotech, Shengyi Technology, Ruisheng Intelligent, and other companies also released performance briefs, with net profits in 2025 showing large increases. Among them, Huaguang New Materials’ net profit grew by 137.65% year-over-year; Juyi Technology’s net profit increased by 279.6%; Weice Technology’s net profit rose by 134%; Nanmo Biotech’s net profit surged by 399.29%; Shengyi Technology’s net profit increased by 91.76%; Ruisheng Intelligent’s net profit grew by 120.44%; and Guoli Electronics’ net profit increased by 133.51%.

Chip Giants Show Their Strength

On the evening of February 27, several chip giants including Cambrian, Moore Threads, and Muxi Co. also disclosed their performance briefs.

Cambrian announced that in 2025, total revenue reached 6.497 billion yuan, up 453.21%; net profit was 2.059 billion yuan, turning profitable from a loss of 452 million yuan in the same period last year.

Cambrian stated that during the period, benefiting from the rising demand for computing power in the AI industry, the company continued to expand its market with excellent product competitiveness and actively promoted AI application scenarios, resulting in a significant increase in revenue compared to the previous year.

Moore Threads reported that in 2025, total revenue was 1.506 billion yuan, up 243.37%; net loss was 1.024 billion yuan, compared to a loss of 1.618 billion yuan in the same period last year.

Moore Threads said that during the period, the company focused on full-featured GPU R&D and innovation, continuously advanced product architecture, and successfully launched the flagship all-in-one GPU computing card MTTS5000, which achieved market-leading performance and mass production. The large-scale clusters built on this product are now online, supporting trillion-parameter model training efficiently, with computing efficiency reaching the level of similar foreign GPU clusters.

Benefiting from AI industry growth and high-performance GPU market demand, Moore Threads’ product competitiveness and market recognition continued to improve, driving revenue and gross profit growth, with a narrower loss margin. The company remains in a high R&D investment stage, and compared to international industry giants, still has gaps in overall R&D strength, core technology accumulation, and product ecosystem. It is not yet profitable and has accumulated losses that have not been fully offset.

Muxi Co. announced that in 2025, total revenue was 1.644 billion yuan, up 121.26%; net loss was 781 million yuan, compared to a loss of 1.409 billion yuan in the same period last year.

Muxi Co. stated that during the period, as the company’s products and services gained widespread recognition and continued procurement from downstream clients, GPU shipments increased significantly, leading to a substantial rise in revenue. The net loss narrowed by 44.53% compared to the previous year, mainly due to the substantial increase in revenue and reduced share-based payment expenses, which positively impacted profits and reduced losses, showing a trend of improved performance.

(Source: Securities Times)