en.Wedoany.com Reported - On April 10, 2026, China's ductile iron pipe and steel manufacturer Xinxing Ductile Iron Pipes Co., Ltd. released its 2025 annual report. The report shows that the company achieved annual operating revenue of 37.022 billion yuan, a year-on-year increase of 2.29%; net profit attributable to shareholders of the listed company was 947 million yuan, a significant year-on-year increase of 465.67%. The company plans to distribute a cash dividend of 0.75 yuan per 10 shares (including tax) to all shareholders, without distributing bonus shares or converting capital reserve into share capital. In addition, the company's 250,000-ton ductile iron pipe project in Egypt entered the trial production phase in May 2025.
Headquartered in Wu'an City, Hebei Province, China, Xinxing Ductile Iron Pipes is one of the world's major suppliers of ductile iron pipes and pipe castings. Through strategic cooperation, mergers and acquisitions, and asset restructuring, the company has established a production capacity layout covering major domestic and international markets in North China, East China, Central South, Southwest, Northwest, and South China. It also operates 23 sales branches across the country, with products exported to over 120 countries and regions worldwide. In 2025, the company established a Market Expansion and Revenue Growth Leading Group, deepening the integrated mechanism of "production, supply, sales, and R&D." Its market share in the domestic public bidding market for ductile iron pipes increased by 1.6 percentage points year-on-year, while export sales volume grew by 7.8% year-on-year. The company successfully implemented the "product + service" model in the Xi'an Yanta Road project, expanding its pipeline network service business.
In terms of technological innovation, Xinxing Ductile Iron Pipes refined its "1+4+N+ASI" company-wide technological innovation system in 2025, focusing on its two main businesses: ductile iron pipes and steel. The company developed differentiated and high-end products such as non-pressure pipes and fiber cement mortar outer-coated pipes, with sales of S-grade pipes exceeding 17,000 tons. The Wuhu Xinxing base newly developed over 50 varieties of special and high-quality steel, with the proportion of high-profit steel grades increasing to 61.5%. The company led the release of 4 national standards and 5 group standards. In the special and high-quality steel market, the company's annual steel sales reached 6.22 million tons, with sales of special and high-quality steel increasing by 24.86% year-on-year. It developed 208 new customers and established long-term cooperation with over ten well-known enterprises in the industry. The Xinxing Egypt project began trial production in May 2025 and achieved its first batch of order shipments in September, pioneering the "technology export + localized operation" model. These results reflect Xinxing Ductile Iron Pipes' effectiveness in cost control, market expansion, and international layout.
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