On April 15, Zhengye Science and Technology released its annual report for 2025.
The report shows that in 2025, the company achieved a revenue of 869 million yuan, an increase of 22.30% over the previous year, and a net profit of 36.7758 million yuan, an increase of 116.46% over the previous year, turning losses into profits ; Net cash flow generated from operating activities was RMB72.6855 million, representing a year-on-year increase of 495.08%, from negative to positive .

Regarding performance changes, Zhengye Technologies said that in the fourth quarter of 2024, the company completed the divestiture of the photovoltaic new energy sector, and in 2025, the company continued to take a series of stop-loss measures against related loss-making subsidiaries, effectively reducing the negative impact of loss-making business.
According to business income, the photovoltaic new energy revenue of Zhengye Science and Technology in 2025 amounted to 3.6191 million yuan, accounting for only 0.42% of the total revenue.

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