TIMES ELECTRIC (03898) announced its interim results for 2025, reporting revenue of approximately RMB 12.214 billion, representing a year-on-year increase of 17.95%. Net profit attributable to listed company shareholders reached approximately RMB 1.672 billion, up 12.93% compared to the same period last year. Basic earnings per share stood at RMB 1.21, with a cash dividend of RMB 4.40 per 10 shares (including tax).

According to the announcement, the growth in net profit was primarily driven by increased operating profit resulting from revenue growth. The company has established a strong presence in the rail transit traction converter system sector, developing outstanding technological innovation capabilities while pursuing a "concentric diversification" strategy to extend its technology into related fields.

The company has currently established a comprehensive research and development system with sustained innovation capabilities in product design, manufacturing, and testing. TIMES ELECTRIC has formed a technical committee to provide decision-making support for scientific research and technical work, and has introduced management systems and concepts such as CMMI and IPD, establishing a collaborative R&D operating model that combines industry product application technology with cutting-edge innovation technology.

The company possesses robust scientific research experimentation and testing capabilities. Its testing and experimental system comprises over 20 laboratories, including electrical system laboratories, motor laboratories, large-scale vibration laboratories, reliability laboratories, and TSN network consistency laboratories, covering research experiments, type tests, and factory acceptance tests across all business areas of the company.