Golden Eagle's Revenue Reaches 586 Million Yuan in First Half of 2025, Plastic Machinery Business Remains Stable

Jinying Co., Ltd. released its 2025 semi-annual report. In the first half of 2025, the company achieved a total operating revenue of 586 million yuan, a year-on-year decrease of 12.11%. Net profit attributable to shareholders was a loss of 8.7692 million yuan, while net profit excluding non-recurring gains and losses was a loss of 9.2931 million yuan. In addition, selling expenses decreased by 12.91% year-on-year, administrative expenses decreased by 14.49% year-on-year, R&D expenses decreased by 21.92% year-on-year, and financial expenses increased by 8.88% year-on-year.

The main business of Jinying Co., Ltd. includes the research, development, manufacturing, and sales of complete sets of flax, wool, and silk textile machinery; flax spinning, silk spinning, weaving, and garment manufacturing; research, development, manufacturing, and sales of injection molding machinery series equipment; and research, development, manufacturing, and sales of lithium battery cathode materials. In the first half of the year, the company's performance was basically in line with the 2025 half-year performance forecast released in July. In the forecast, the company stated that the main reason for the loss in the first half of 2025 was primarily due to the overall low product selling prices and gross profit margins of the textile business in the second quarter, as well as the new lithium battery materials business still not achieving profitability.

It is worth noting that although the company faced some challenges in its performance in the first half of the year, with declines in revenue and profit, its plastics machinery business demonstrated relative stability and made progress in overseas markets.

It is understood that the stable performance of Jinying Co., Ltd.'s plastic machinery business is closely related to its strong technical capabilities. The company has consistently focused on the research and development of new energy-saving, efficient, stable, and environmentally friendly injection molding machines. Its key development, the energy-saving and environmentally friendly injection molding machine, has received support from the National Science and Technology Innovation Fund. Among these, the internal circulation direct pressure precision high-speed machine holds several national patents.

In recent years, the company has been continuously optimizing its product structure and has now established a specialized solution system that includes high-speed injection molding for thin-wall packaging containers, all-electric injection molding for precision electronic components, and precision molding for the automotive industry with two-platen machines. This enables the company to provide comprehensive services to customers from pre-sales to after-sales.

It is worth mentioning that when releasing its 2024 annual report, Jinying Co., Ltd. stated that in 2025 it will expand its sales network to achieve simultaneous growth in both domestic sales and exports of its plastic machinery business. Meanwhile, in terms of technological research and development, the company will focus on the research and development of all-electric injection molding machines to upgrade and update Jinying’s plastic machinery products.

In this regard, industry insiders believe that fully electric injection molding machines are gradually becoming the industry trend due to their energy-saving, precision, and high-efficiency characteristics. In the future, as Jinying Co., Ltd. actively innovates in research and development and explores the application of injection molding technology in high-tech fields including humanoid robots, the company may open up new growth opportunities.