Компании по производству автомобильных запчастей на рынке A-shares демонстрируют стабильный рост результатов к 2025 году

The reporter of this publication, Wu Yixuan

Recently, listed companies’ 2025 annual reports have been released one after another. According to data from Eastmoney Choice, as of 15:00 on March 30, in the A-share auto parts industry segment (Shenwan secondary industry), 35 listed companies have already published their 2025 annual reports.

Judging from the specific figures disclosed in the financial reports, 18 companies saw simultaneous growth in both operating revenue in 2025 and net profit attributable to shareholders of the parent company, while 14 companies saw a year-on-year decline in net profit attributable to shareholders of the parent company.

Gao Zelong, Secretary-General of the New Quality Productive Forces Committee of the China Private Technology Enterprises Association, said in an interview with a reporter from The Securities Daily: “The overall performance of China’s A-share auto parts industry in 2025 shows the characteristics of ‘steady progress with increasing divergence.’ Among them, leading companies are anchored in their core businesses, relying on technological accumulation and product matrix advantages, and are gradually achieving a simultaneous improvement in both operating scale and profitability quality.”

These industry characteristics are closely related to profound changes in the global automobile industry.

Over the past two years, the penetration rate of new energy vehicles has continued to rise, and intelligent driving technology has accelerated iteration and deployment, bringing the auto parts industry a brand-new opportunity for transformation, upgrading, and development. Global auto information platform MarkLines and the China Automobile Circulation Association’s Passenger Vehicle Market Information Joint Conference show that in 2025, global new energy vehicle sales reached 22.62 million units, up 29.04% year-on-year. Strong market demand provides ample room for auto parts enterprises to transform and upgrade.

Gao Zelong further analyzed: “Currently, while the global automotive industry is advancing electrification, it has also entered a structural adjustment stage. The industry is integrating into the intelligent wave at an unprecedented depth and speed. From traditional parts to new-energy core systems, and then to emerging robotics fields, business transformation and upgrading have become a new development trend for the industry.”

Against this backdrop, leading auto parts companies have been stepping up efforts in business expansion, product R&D, and capacity layout. By leveraging their own advantages, they are strategically moving into fields such as embodied intelligence and humanoid robots, actively expanding new growth curves.

Looking at specifics, the annual report of Shuanglin Share Co., Ltd. shows that in 2025, the company has made significant progress in lead screws and joint module products for humanoid robots. At present, it has developed a reverse planetary roller screw product suitable for linear motion joint modules for the upper and lower limbs of humanoid robots. Moreover, it has successfully developed complete sets such as linear joint modules, rotating joint modules, dexterous hands, and finger pusher-rod modules for humanoid robots, and core components have all achieved independent and controllable development.

The annual report of Ningbo Tuopu Group Co., Ltd. shows that the company, based on its deep accumulation in the in-line controlled braking system IBS field, has extended product R&D to core components such as rotary actuators and dexterous hand motors. On this basis, it has expanded into key areas including robot body structural parts, sensors, foot shock absorbers, and electronic flexible skin, accelerating the construction of a fully covered, platform-based product matrix for its robotics business.

Several experts interviewed believe that auto parts enterprises have process advantages in high-precision parts machining and consistent batch production. Relying on the supply-chain integration capability built through the industrial chain, as well as their solid industrial foundation in the electromechanical integration field, they can effectively help them continuously deepen their electrification and intelligentization layout, firmly seize industry growth opportunities, and capture the initiative for development amid the trend of increasing industry divergence.

Yuan Shuai, Deputy Secretary-General of the Zhongguancun Internet of Things Industry Alliance, said in an interview with a reporter from The Securities Daily: “In the future, as intelligentization and electrification transformation continue to deepen, the leading effect in the auto parts industry may become even more pronounced. Enterprises that have core technologies and cross-industry integration capabilities are expected to usher in more room for development.”