Core Viewpoint - The company, Jinlong Electromechanical, currently does not have any products used in AI glasses, such as motors or structural components [1] Company Summary - Jinlong Electromechanical responded to an investor inquiry on September 2, indicating that they do not have products applicable to AI glasses at this time [1]

Core Viewpoint - The company, Jinlong Electric (300032), has indicated that a portion of its touch display modules and structural components are exported to EU countries, but the revenue from these products constitutes a small percentage of the overall revenue [1] Business Performance - The company disclosed its 2025 semi-annual report on August 29, 2025, which provides details on the operational performance of its various business segments for the first half of 2025 [1]

Group 1 - The company Jinlong Electromechanical stated that its motor products are primarily used in the consumer electronics sector and have not yet been shipped for robotics applications or vascular clearance products [2] - The smallest motor product currently offered by the company has a diameter of 4mm and a thickness of 1.3mm [2]

Group 1 - The company, Jinlong Electromechanical, confirmed on September 1 that its current product range does not include military products [1]

Group 1 - The company currently does not have any motor products used in robotics and has not shipped any related products [2] - The smallest motor product offered by the company has a diameter of 4mm and a thickness of 1.3mm [2] - The primary application of the company's motor products is in the consumer electronics sector [2]

Group 1 - The company has not established a partnership with Yuzhu Robotics for the hollow cup motor as of September 1 [2] - An investor inquired about the potential collaboration and its percentage share [2] - The company responded on the investor interaction platform confirming the absence of such cooperation [2]

Core Viewpoint - Jinlong Electromechanical (300032) reported a significant improvement in its financial performance for the first half of 2025, with total revenue and net profit showing substantial year-on-year growth [1] Financial Performance Summary - Total revenue reached 793 million yuan, an increase of 22.46% compared to the previous year [1] - Net profit attributable to shareholders was 10.2365 million yuan, up 127.2% year-on-year [1] - In Q2 2025, total revenue was 443 million yuan, reflecting a 19.69% increase year-on-year [1] - Q2 net profit attributable to shareholders was -6.2608 million yuan, but this represented a 78.22% improvement year-on-year [1] Profitability Metrics - Gross margin increased by 8.46% to 13.19% [1] - Net margin improved significantly to 1.35%, up 123.13% year-on-year [1] - Total selling, administrative, and financial expenses amounted to 72.7772 million yuan, accounting for 9.18% of revenue, a decrease of 30.64% [1] Key Financial Ratios - Earnings per share (EPS) rose to 0.01 yuan, a 127.14% increase year-on-year [1] - Operating cash flow per share was 0.0 yuan, up 105.14% year-on-year [1] - The company's net asset per share decreased to 0.84 yuan, down 9.82% year-on-year [1] Historical Context - The company has shown a poor historical return on invested capital (ROIC), with a median of -5.63% over the past decade [1] - The worst year recorded was 2018, with an ROIC of -65.46% [1] - The company has reported losses in 6 out of its 15 annual reports since going public, indicating a generally weak financial history [1]

Group 1 - The company Jinlong Electromechanical (300032.SZ) reported a revenue of 793 million yuan for the first half of 2025, representing a year-on-year increase of 22.46% [1] - The net profit attributable to shareholders of the listed company was 10.2365 million yuan [1] - The net loss attributable to shareholders of the listed company, after deducting non-recurring gains and losses, was 16.9671 million yuan, which narrowed by 71.00% year-on-year [1] - The basic earnings per share were 0.0127 yuan [1]

Group 1 - The company Jinlong Electromechanical (SZ 300032) held its sixth board meeting on August 27, 2025, to review the proposal for asset impairment provision for the first half of 2025 [1] - For the first half of 2025, the company's revenue composition was as follows: electronic components accounted for 49.45%, structural parts for 48.45%, and electronic atomizers and related accessories for 1.16% [1] - As of the report date, Jinlong Electromechanical's market capitalization was 4.6 billion yuan [1]

Core Insights - The company reported a revenue of 793 million yuan for the first half of 2025, representing a year-on-year growth of 22.46% [1] - The net profit attributable to shareholders of the listed company was 10.2365 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -16.9671 million yuan [1] - The basic earnings per share were 0.0127 yuan [1]