Lihuawei: Net profit attributable to parent company in 2025 is 20.567 million yuan, a year-on-year decrease of 75.61%

NightAirdropper · 2026-03-29T02:47:37+00:00

Lihuawei releases 2025 annual report, with revenue of 358 million yuan, down 34.79% year-on-year; net profit of 20.567 million yuan, down 75.61% year-on-year. The company stated that the decline in performance is mainly due to reduced bidding and procurement in the smart grid market, and the net cash flow also decreased by 16.57% year-on-year.

NightAirdropper

2026-03-29 02:47:37

Abstract generation in progress

China Securities Journal, China Securities Network News (Reporter Zhang Xingwang) On the evening of March 26, Lihewei released its annual report for 2025. In 2025, the company achieved revenue of 358 million yuan, a year-on-year decrease of 34.79%; the net profit attributable to shareholders of the listed company was 20.57 million yuan, a year-on-year decrease of 75.61%.

Lihewei, as a chip company dedicated to IoT communication and connectivity, focuses on Power Line Communication (PLC) technology, integrated circuit chips, and applications.

Lihewei stated that the decline in revenue in 2025 was mainly due to a reduction in the scale of bidding and procurement in the smart grid market and the impact of the bidding rhythm, leading to a decline in the company’s grid segment operating performance.

In 2025, the net cash flow from operating activities for Lihewei was 73.95 million yuan, a year-on-year decrease of 16.57%. Lihewei stated that this was mainly due to a decrease in cash received from the sale of goods.

[Source: China Securities Journal · China Securities Network]

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