Huaming Power Equipment Co., Ltd. Class ASZSE: 002270

Huaming Power Equipment: 2024 revenue up 18.41%, net profit up 13.25%, with robust global and after-sales growth

· Issued by Huaming Power Equipment Co., Ltd. Class A

Revenue grew 18.41% to ¥2.32 billion and net profit rose 13.25% to ¥614 million in 2024, driven by strong overseas and after-sales growth. The company maintained a high dividend payout and continued to expand its global footprint while managing risks from market and geopolitical uncertainties.

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