NE ELECTRIC (00042) announced its 2025 interim results, reporting revenue of approximately RMB 77.29 million, representing a year-over-year increase of 13.71%. The company recorded a net loss attributable to shareholders of approximately RMB 5.16 million, marking a shift from profit to loss compared to the same period last year. Basic loss per share was RMB 0.006.

Leveraging favorable national policies in the power industry, NE ELECTRIC has focused on achieving its annual business objectives through enhanced operational management, cost reduction and efficiency improvement measures, and strengthened innovation-driven development while continuing to deepen market positioning and optimize industrial structure.

In the first half of 2025, the company's busbar business maintained steady growth with new orders totaling RMB 40 million. Meanwhile, the hotel business operations are expected to benefit from the upgraded and continuously expanded visa-free policy for foreign tourists, as the domestic tourism market demonstrates strong supply and demand dynamics, which will provide traffic dividends for the hotel industry.