China High Speed Transmission publishes 2025 annual report

  • China High-Speed Transmission annual report flagged a return to profitability for 2025, helped by sharply lower impairment charges tied to a prior trading business.
  • Wind gearbox revenue rose 15.8% to RMB 17.36 billion, supported by bulk deliveries of 13.6MW-20MW offshore products.
  • Industrial gearbox revenue fell 10.4% to RMB 2.04 billion; rail transmission revenue was largely flat at RMB 336.4 million.
  • Overseas sales climbed 34.7% to RMB 2.86 billion, lifting the export share to 14.5% from 9.6%.
  • Management warned wind gearbox pricing pressure is becoming structural, citing overcapacity and more in-house production by turbine makers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China High-Speed Transmission Equipment Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260626-12217966), on June 26, 2026, and is solely responsible for the information contained therein.