Estun(02715.HK)2025 revenue of 4.888 billion yuan, up 22%; profit of 41.34 million yuan, turning losses into profits. Surpassed foreign brands to top the Chinese industrial robot market.

Gelonghui March 31丨Aeston (02715.HK) released its 2025 annual results. For the year ended December 31, 2025, the Group’s revenue was RMB 4.89B, an increase of approximately 21.93%. For the year ended December 31, 2025, the Group profit attributable to equity shareholders of the Company was RMB 41.34 million (net loss attributable to equity shareholders of the Company for 2024: RMB 811 million). Compared with 2024, the Group achieved turnaround to profitability. Basic earnings per share were RMB 0.05.

The increase in revenue was mainly due to the continuously rising demand for industrial robots and intelligent manufacturing systems. The Group achieved faster growth in downstream industries such as new energy vehicles, lithium batteries, and electronic products. The Company adjusted resource allocation in accordance with market trends and responded to customers’ needs in relevant industries in a timely manner, thereby achieving rapid revenue growth.

During the reporting period, as market demand rebounded and the pace of domestic substitution accelerated, the Company sustained the trend of consistently high growth in the industrial robot market. For eight consecutive years, it ranked first in the domestic robot market, and achieved a historic breakthrough. According to the latest information disclosed by MIR Rui Industrial, in 2025, in the domestic market, the Company’s industrial robot shipment volume first exceeded that of foreign brands, becoming the first domestic robot brand to top the China industrial robot market. The market share continued to increase, and it also achieved rapid growth in application fields including automotive, electronics, and lithium batteries, among others. In particular, the revenue of robots under the Aeston brand increased nearly 50% year over year.

During the reporting period, the revenue of the automation core components business declined to a certain extent due to factors including industry fluctuations, market competition, and the sale of equity interests in subsidiaries. The Company will actively respond to market changes. By focusing on the strategy of major customers, coordinating with channel partners, continuously optimizing the customer mix, and tapping new market opportunities; by strengthening solution capabilities and accelerating the overseas business layout; and by promoting steady development of the core components business through measures such as continuously optimizing costs to enhance product competitiveness, the Company will support stable growth in the core components business.

During the reporting period, the Company actively laid out its global business. By setting up an international management team and stepping up efforts to expand markets including Europe, the Americas, and Southeast Asia, the Company continuously built core benchmark application scenarios and a core ecosystem partner framework. At the same time, around the global production and supply system, it promoted the completion of the Poland plant construction, accelerating the export of high-value products.

In 2026, the Company will target building a “world brand for Chinese robots” as its strategic goal. It will continue to leverage its leading position and brand influence in the domestic market to accelerate the pace of domestic substitution and expand its share in the domestic market. It will treat overseas market expansion and share capture as the Company’s key strategic goals this year, and advance the building of the Company’s globally branded products. It will accelerate the deep integration of robots with AI and the deployment of embodied intelligence in industrial scenarios, building a full-stack “AI + robots” technology chain and an open industrial ecosystem, and creating the Company’s next business growth engine. The Company will, based on continuous improvements in product quality, establish a whole lifecycle quality control system to build its core competitiveness in outstanding quality. It will continue to lead breakthroughs into high-end application markets and accelerate a full-coverage substitution process for domestically manufactured products, achieving a leap from “following the market” to “leading standards.” With lean management to improve quality and efficiency as a safeguard, it will strengthen cost control, capital operations, and organizational effectiveness, reinforce operational resilience, and comprehensively achieve high-quality development.