GDTC(SH:688186) Chang Jiang Shang Bao·2025-06-25 23:52Core Viewpoint - The company, Guangda Special Materials, is experiencing significant growth in its performance, with a notable increase in revenue and net profit for the first half of 2025, alongside plans for further share buybacks [1][4][3]. Financial Performance - The company expects to achieve approximately 2.5 billion yuan in revenue for the first half of 2025, representing a year-on-year increase of about 32.91% [1][4]. - The net profit is projected to be around 200 million yuan, reflecting a substantial year-on-year increase of approximately 367.51% [1][4]. - The net profit after excluding non-recurring items is estimated at about 195 million yuan, indicating a dramatic year-on-year increase of around 2342.81% [1][4]. Market Demand and Operational Efficiency - The demand in the downstream industries served by the company is overall positive, contributing to robust production and sales [1][4]. - The company has optimized its internal product structure and implemented cost-reduction measures, leading to an improvement in overall gross margin and enhanced profitability [4]. Share Buyback Initiatives - The company has utilized approximately 400 million yuan for share repurchases and plans to initiate a second round of buybacks, with a total amount not less than 200 million yuan and not exceeding 400 million yuan [3][11]. - As of June 19, 2025, the company has completed the initial buyback, acquiring 18.128 million shares, which is about 8.1375% of the total share capital, at an average price of 22.06 yuan per share [10][11]. Stock Performance - Since the beginning of 2025, the company's stock price has increased by over 70% [2][9]. - The stock price has more than doubled since September 2024, indicating strong market confidence in the company's growth prospects [9].