Xinbao Corporation: Net profit in 2025 is 1.02 billion yuan, a year-on-year decrease of 4.85%.

Xinbao Group released its performance report, with a total operating income of 16.192 billion yuan in 2025, a year-on-year decrease of 3.74%. The net profit was 1.002 billion yuan, a year-on-year decrease of 4.85%. In 2025, due to the complex and volatile global macroeconomic environment and disturbances such as the U.S. tariff policy, the overall demand for traditional small home appliances in the European and American markets weakened. According to customs statistics, in 2025, the amount of household electrical appliances exported from China decreased by 3.3% year-on-year. At the same time, competition in the domestic small home appliance market intensified, and under the influence of the macro environment, consumer demand became more rational. The overall income of the company in 2025 decreased.