Hengxuan Technology: Net profit expected to grow by 29% year-over-year in 2025, proposing a 10-for-4 stock split and a dividend of 14 yuan per share

On March 26, People’s Financial News reported that Hengxuan Technology (688608) disclosed its annual report on March 26, achieving an operating income of 3.525 billion yuan in 2025, a year-on-year increase of 8.02%; a net profit attributable to shareholders of 594 million yuan, a year-on-year increase of 29%; and a basic earnings per share of 3.54 yuan. The company plans to issue 4 additional shares for every 10 shares and distribute a cash dividend of 14 yuan (tax included). During the reporting period, the company expanded into new smart hardware markets such as smart glasses, wireless microphones, and smart conference assistants. The company’s chip products continue to upgrade, with further diversification of its revenue structure. Among them, Bluetooth audio chip revenue accounted for 53%, while revenue from smart watch/band chips slightly increased to 35%, and revenue from smart hardware and other chip products grew significantly, increasing their share to 12%.