Zhejiang Huaye Reports Double Growth in Profit and Revenue in First Half of 2025, Screw Barrel Business Revenue Up 13% Year-on-Year

In the first half of 2025, a large number of plastic machinery companies achieved year-on-year growth in performance, with some companies seeing increases in both revenue and profit. Recently, Zhejiang Huaye released its semi-annual report for 2025. According to the report, the company's operating revenue for the first half of the year was 478 million yuan, up 10.56% year-on-year; net profit attributable to shareholders was 47.6692 million yuan, an increase of 6.66% year-on-year; and net profit attributable to shareholders after deducting non-recurring gains and losses was 48.5552 million yuan, up 10.24% year-on-year.

Specifically, in the first half of 2025, the company's main business achieved steady growth. Among them, the screw barrel business realized operating revenue of 322 million yuan, a year-on-year increase of 13%; the Gorin column business achieved operating revenue of 150 million yuan, a year-on-year increase of 10%, both demonstrating strong competitive advantages.

It is understood that Zhejiang Huaye’s performance growth in the first half of 2025 is mainly due to the continued recovery of downstream market demand, the company’s technological leadership and strong product competitiveness, as well as high-quality and stable customer resources and global presence. Industry insiders predict that, with the continued implementation of policies such as “replacing steel with plastics” and “replacing wood with plastics,” the downstream application space for plastic molding equipment will continue to expand in the future, and Zhejiang Huaye will also embrace more development opportunities.

Zhejiang Huaye focuses on the research and development, production, and sales of core components for plastic molding equipment. Its main products include key parts such as screws, barrels, and tie bars for plastic molding machinery. In recent years, with the rapid development of the plastic machinery industry, Zhejiang Huaye has gradually established an advantageous position in the industry by virtue of its years of intensive cultivation in niche markets and its core technological strength. Meanwhile, it has also won the recognition of numerous high-quality customers and established long-term and stable cooperative relationships with many well-known domestic and international plastic molding equipment manufacturers, such as Engel, Husky, and KraussMaffei.

It is worth mentioning that since its establishment, Zhejiang Huaye has consistently adhered to the development philosophy of independent technological innovation, keeping pace with the forefront of industry technology, and continuously upgrading its products and technologies through innovation.

In the first half of 2025, its R&D expenses increased by 12.83% year-on-year, reaching 14.9185 million yuan. Currently, through long-term research and innovation, Zhejiang Huaye has accumulated a wealth of advanced process technologies and experience, forming an industry-leading core technology system that integrates materials and manufacturing processes. Among them, core processes such as "multi-axis linkage nano-level polishing technology" and "gradient wear-resistant layer composite process" have become benchmarks for industry performance.

In the future, Zhejiang Huaye is expected to further increase its investment in research and development. Through continuous technological innovation, it will optimize its product structure and expand into international markets. While responding to industry competition and market changes, it will also provide global customers with higher-quality products and services.