JHT(SH:603061) Ju Chao Zi Xun·2025-07-15 00:53Core Viewpoint - The company expects a significant increase in net profit for the first half of 2025, driven by the recovery in the semiconductor packaging and testing equipment market, as well as ongoing investments in technological innovation and product upgrades [1][2] Financial Performance - The estimated net profit attributable to the parent company is projected to be between 70 million and 84 million yuan, representing a year-on-year growth of 76.43% to 111.71% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 67 million and 80 million yuan, with a year-on-year increase of 94.06% to 131.72% [1] Market Demand and Product Development - The demand for semiconductor testing has significantly increased due to the recovery of the semiconductor industry, leading to a rise in sales of the company's testing sorting machines [1] - Key products such as the three-temperature testing sorting machine and large platform multi-station testing sorting machine have shown strong competitive advantages in complex testing scenarios, contributing to the company's performance growth [1] Industry Trends - The rapid development of technologies such as 5G, artificial intelligence, and the Internet of Things is driving the increasing complexity and efficiency requirements for semiconductor testing [1] - There is a sustained growth in demand for high-end equipment with multi-temperature control and high parallel testing capabilities, which the company has successfully capitalized on through continuous R&D and product iteration [1] Market Outlook - The market response to the company's performance forecast has been positive, with institutions generally optimistic about its future growth potential [2] - The company is expected to maintain a high growth trajectory throughout 2025, supported by the ongoing recovery of the semiconductor supply chain and the acceleration of domestic substitution processes [2]