EpuLi achieves record-high performance in 2025; integrated services lead structural optimization and upgrade

Source: Shanghai Securities Journal · China Securities Network

Shanghai Securities Journal China Securities Network reported on March 28 that Yipuli disclosed its 2025 annual report, achieving a new record in performance. The company’s annual revenue reached 9.832 billion yuan, a year-on-year increase of 15.05%; net profit attributable to shareholders was 793 million yuan, a year-on-year increase of 11.16%; earnings per share were 0.64 yuan/share, a year-on-year increase of 12.28%.

The annual report shows that in 2025, Yipuli achieved a historic breakthrough in the main production and operation indicators with a “five consecutive increases” during the 14th Five-Year Plan period, with total profits exceeding 1 billion yuan, and new contract amounts, as well as core indicators such as “One Profit and Five Rates,” all successfully meeting the annual target tasks with high quality.

Deepening integrated services, leading the transformation and upgrading of the civil explosives industry. As a leading state-owned enterprise in the civil explosives sector by capacity scale, Yipuli has an industrial explosives management capacity of 629,500 tons/year and an industrial electronic detonator capacity of 75.5 million units/year, with on-site mixed explosives capacity maintaining a leading position in the industry. In the context of accelerated industry consolidation, the company’s scale advantages and qualification advantages have further highlighted.

Simultaneous growth in stock and increment, forming an internal and external interlinked market pattern. In 2025, Yipuli comprehensively optimized its market layout. To date, the company’s domestic business has covered over 20 provinces (autonomous regions and municipalities), forming a market layout advantage of “provincial leadership and regional control.” In terms of the international market, on one hand, it steadily advances operational projects in mature countries such as Namibia and Liberia; on the other hand, it continues to expand into markets in Southeast Asia, Africa, and South America, accurately aligning with local energy resource development needs. The business layout has covered several co-built countries along the “Belt and Road” initiative, with the overseas operational system becoming increasingly refined and international operational capabilities and brand influence steadily rising.

Multiple breakthroughs in core technologies, accelerating the digital transformation. In 2025, Yipuli adhered to the core strategy of “innovation-driven,” achieving several important advancements in core technology research and development. In terms of technology R&D, the ordinary on-site mixed water gel explosive process technology and equipment have reached an internationally leading level; high-powered on-site mixed water gel explosives have filled domestic technical gaps; the EDF-2 coal mine permissible electronic detonator and intelligent production line technology have overall reached an internationally advanced level; technology related to coal-based Fischer-Tropsch products has achieved an original breakthrough from “0” to “1”; self-developed research achievements such as the “multi-variety on-site mixed explosives loading robot” have significantly promoted the upgrade iteration and industrial application of the company’s core technologies.

In terms of digital transformation, Yipuli is accelerating the deep integration of artificial intelligence, the Internet of Things, and automation technology with production and operation, establishing 18 digital employees and 17 intelligent agents. The “blasting robot” and “unmanned mining truck” have been selected as group-level artificial intelligence demonstration scenarios, and the “on-site mixed vehicle management system based on IoT technology” has been recognized as a typical case of digital transformation in key scenarios by the Ministry of Industry and Information Technology. The company also released the white paper “Zero Carbon Global Paradigm for Open-pit Coal Mines in the Era of Carbon Neutrality,” comprehensively sorting out the innovative practices in the construction of green intelligent mines and proactively leading the green, low-carbon, and intelligent high-efficiency development direction of the civil explosives and mining industries. (Ye Yanmu)

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