In 2025, competition in the building curtain wall industry continued to intensify, placing higher demands on enterprises' technical capabilities, project management, and financial operational capability. In light of the market conditions in 2025, the Group adhered to the business principle of "prudent operation, quality improvement and efficiency enhancement, and risk control", and fully leveraged its professional strengths. During the year, the Group continued to deepen refined management, focusing on lean control throughout the entire project lifecycle to effectively improve engineering quality and delivery efficiency. At the same time, the Group strengthened supply chain coordination and strictly controlled procurement costs to further consolidate cost competitiveness. In terms of market expansion, the Group focused on quality overseas clients and high-quality projects, proactively avoiding high-risk orders to ensure healthy and stable cash flow. Furthermore, the Group deepened technological innovation, transformed its production model, obtained 7 new utility model patents, and has built a product system with core technological competitive advantages. In 2025, the Group achieved steady and robust growth by leveraging sound business strategies and exceptional project execution capabilities.

Benefiting from the tangible results of continuously improving operational efficiency and the successful delivery of core projects both domestically and internationally, the Group’s operating revenue in 2025 increased significantly by 27.2% on a year-on-year basis to approximately RMB 2,814.6 million (Unit: RMB, the same below), among which, the domestic revenue amounted to approximately RMB 1,271.6 million, with an increase of 25.1% compared with 2024, contributing approximately 45.2% of the Group’s total revenue; the overseas revenue amounted to approximately RMB 1,543.0 million, with an increase of 29.0% compared with 2024, contributing approximately 54.8% of the Group’s total revenue. Meanwhile, driven by its international strategy, the Group achieved notable growth in overseas markets, particularly in Australia and the Middle East. During the Reporting Period, the total value of new projects secured by the Group amounted to approximately RMB 5,168.3 million, with an increase of approximately 55.4% compared with 2024. As at 31 December 2025, the outstanding contract value of the Group amounted to approximately RMB 13,201.3 million, which provides strong support for the Group’s development over the next two to three years.

In addition, the Group focused on quality customers, enhancing both coverage and depth, while increasing the proportion of newly secured projects with higher gross profit margins. Benefiting from these initiatives, the Group’s gross profit margin steadily improved and profitability continued to strengthen. In 2025, the Group’s gross profit margin was approximately 26.1%, with an increase of approximately 6.6 percentage points compared with 2024. Furthermore, the Group continuously strengthened the collection management of trade receivables and contract assets. During the year, the receivables turnover days decreased by 41.0% on a year-on-year basis to approximately 184 days, while the turnover days of trade and bills payables decreased by 50.6% on a year-on-year basis to approximately 214 days, reflecting a comprehensive improvement in capital turnover efficiency. During the Reporting Period, the Group’s adjusted gross profit margin increased significantly by 18.8 percentage points to approximately 30.3%, demonstrating strong profit quality. For the Reporting Period, the profit for the year attributable to equity shareholders of the Company was approximately RMB 352.5 million, successfully turning losses into gains compared with a loss of RMB 354.0 million in 2024.

Looking ahead to 2026, the building curtain wall industry still faces multiple pressures such as slow demand recovery, intensified competition and cost fluctuations. However, the industry will also usher in a strategic opportunity period for technological upgrading and green transformation, where innovative products such as prefabricated curtain walls and building integrated photovoltaics are expected to accelerate their penetration, and digital transformation will remain the main path for industry development. The Group will always adhere to a prudent and stable operating philosophy to integrate risk control throughout the business process. Leveraging the core strengths, the Group will closely monitor market changes, rationally plan the business layout, and ensure the smooth and orderly development of the business. In the future, the Group will balance efficiency improvement and risk control, consolidate the existing core market share through refined management, focus on core regional markets and prioritize projects with manageable risks. The Group will further strengthen technological research and development, enhance system integration capabilities, and create more benchmarking curtain wall projects; deepen internal management reforms, optimize resource allocation, and continuously improve operational efficiency and profitability. At the same time, the Group will strictly adhere to the risk bottom line to ensure capital security and promote the Group’s high-quality and sustainable development, thereby creating greater value for shareholders and delivering more high-quality projects.

BAD HOMBURG, GERMANY, Mar 17, 2026 - (ACN Newswire) - Maxon, maker of powerful, approachable software solutions for creators working in 2D and 3D design, motion graphics, visual effects, gaming, and more, today announced the commercial availability of Redshift for Vectorworks. Additionally, the company announced the beta launch of Redshift for Autodesk Revit®. This marks the next major milestone in Maxon's expansion into the Architecture, Engineering & Construction (AEC) market, with additional integrations planned.

Engineered for architects and interior designers, Maxon's AEC solution brings the company's industry-proven cinematic rendering technology, Redshift, and the creative depth of Cinema 4D directly into professional archviz workflows. Designed as a native plugin for leading CAD/BIM platforms, Maxon makes its official entry into the market with Redshift for Vectorworks, which launches alongside the release of Vectorworks 2026 Update 4. The solution enables users to seamlessly move from real-time design previews to high-end, photorealistic renders within a unified ecosystem. Redshift for Revit, now in beta, will launch later this year, with even more integrations planned for 2026 and 2027.

"Maxon's tools have a rich history in media and entertainment, used by the creative teams behind so many popular Hollywood movies to create Oscar-winning visual effects," said Nicolas Burtnyk, Maxon's Executive VP of Rendering. "Now, we're bringing this same magic to architects and interior designers, helping them translate their vision into cinematic visual experiences worthy of big screens."

A New Standard for End-to-End Architectural Workflows

Built on Maxon's robust 3D ecosystem, the new AEC solution provides:

• Archviz in real-time. Architects can visualize designs instantly in real time, then elevate scenes using the same Redshift technology used in feature films - without leaving their CAD environment. Projects can be sent to Cinema 4D with a single click for advanced modeling, animation, simulation, fly-throughs, and rendering.
• Exceptional ease of adoption. Early user testing highlights a key priority: effortless setup, intuitive controls, and fast results, especially for iterative workflows where architects need to explore lighting, materials, and composition quickly.
• Intelligent, production-ready asset libraries. Maxon's platform includes a vast library of assets known as "Capsules" - materials, plants, furniture, and environmental elements - updated monthly and supported by procedural tools and AI-assisted search for rapid scene building and creative iteration. As the Archviz solution evolves, so will its library.
• Full Mac and Windows parity. Whether teams work on Mac, Windows, or a mix of both, Maxon's AEC solution delivers consistent performance and functionality across platforms. Architects can collaborate fluidly, share files with confidence, and maintain unified workflows throughout their design-to-visualization process.
• Better value for architects and studios. Compared with market alternatives, Maxon's first-wave AEC offering launches at a significantly more affordable price, while offering compatibility with broader DCC pipelines, including Maya and Houdini.

See Redshift for Archviz at Upcoming AEC Events

Maxon will be showcasing the capabilities of Redshift for architectural visualization and interior design applications in live demonstrations at the following events in 2026:

• DigitalBAU, March 24-26, Cologne, Germany
• AIA26 Conference on Architecture & Design, June 10-13, San Diego, CA

Redshift for Vectorworks Availability

Redshift for Vectorworks is now available for purchase through either Maxon or Vectorworks (initial language support for English, with additional international versions rolling out through summer 2026). When bundled with Vectorworks, users can benefit from significant discounts on Redshift, making it the most affordable renderer in its category.

Sign Up for Redshift Beta

Redshift for Revit is now open for beta; Redshift for Graphisoft Archicad beta will be released later in 2026. To sign up, visit Maxon Archviz.

Schedule a Press Briefing and Demo

To schedule a press briefing and demo of Redshift for Archviz, contact megan@grithaus.agency.

Download the Redshift for Archviz press kit here.

About Maxon

Maxon makes powerful, yet approachable software solutions for content creators working in 2D and 3D design, motion graphics, visual effects and visualization. Product lines include the award-winning Cinema 4D suite of 3D modeling, simulation and animation technology; the diverse Red Giant lineup of revolutionary editing, motion design and filmmaking tools; the leading-edge, blazingly fast Redshift renderer; and ZBrush, the industry-standard digital sculpting and painting solution available on desktop and on the iPad.

Press Contact
Kristin Canders
Grithaus Agency(e)
kristin@grithaus.agency

SOURCE: Maxon Computers