10/05/2026
On April 21st, 2026, Hangcha Group Co., Ltd. (stock code: 603298) released its 2025 Annual Report. Amid global economic uncertainties and intensifying industry competition, Hangcha delivered steady growth through innovation, global expansion, and industrial upgrading, which reinforces its leadership in the industrial vehicle sector.Steady Growth in a Challenging Year2025 tested the whole industry, but we navigated it well. Revenue reached RMB 17.74 billion (est. USD 2.48 billion), up 5.90%, with overseas revenue growing 10.97% year-on-year to RMB 7.69 billion (est. USD 1.08 billion), representing 43.38% of our total. We sold 334,360 units, up 19.41%. Net profit grew 8.87% to RMB 2.19 billion (est. USD 0.31 billion).
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