Dinggu Chuangji (300749.SZ) released its 2025 annual report showing operating revenue of RMB 847 million and net profit attributable to shareholders of RMB 8.9106 million, successfully returning to profitability. The company has maintained its core business foundation through premium hardware and custom doors and windows, while simultaneously entering the commercial aerospace and military industry sectors through equity participation in Hangju Technology, acquisition of Xi’an Sidande (military electronics), and investment in Star Trail Helium Energy. Against the backdrop of slowing growth in the traditional home hardware sector during the post-real-estate cycle, the model of “internal cost reduction and efficiency improvement (streamlining channels, boosting margins) + external capital M&A into high-growth sectors” has emerged as a representative paradigm for small- and mid-cap hardware companies to achieve earnings recovery and valuation restructuring.