On April 17, Zhengfan Technology unveiled its annual report for 2025. According to the report, the company's revenue for the year amounted to 4.916 billion yuan, marking a 10.11% decrease year-on-year. Its net profit stood at 136 million yuan, also reflecting a significant 74.17% decline from the previous year. In the first quarter of 2026 (January to March), the company's revenue reached 970 million yuan, showing a notable 43.35% increase compared to the same period last year. However, it reported a net loss of 25.5966 million yuan, a stark contrast to the profit of 34.4230 million yuan recorded in the corresponding period of the previous year.
