NEWAY(SH:603699) Ge Long Hui A P P·2025-08-05 09:00Core Viewpoint - The valve industry continues to show a positive development trend, with overall demand remaining strong, as evidenced by the financial performance of the company during the reporting period [1] Financial Performance - The company achieved total operating revenue of 3,404.29 million yuan, representing a year-on-year increase of 19.96% [1] - The net profit attributable to shareholders of the listed company was 636.75 million yuan, an increase of 30.47% compared to the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 615.77 million yuan, up 27.48% year-on-year [1] - As of the end of the reporting period, total assets amounted to 8,880.57 million yuan, a year-on-year increase of 1.94% [1] - The equity attributable to shareholders of the listed company was 4,119.29 million yuan, a decrease of 4.71% year-on-year, primarily due to the implementation of equity distribution [1] Growth Drivers - The increase in performance was mainly driven by: (1) a favorable market trend in the industry, with the company actively expanding its market presence, leading to improvements in orders and sales; the company reported a full order book and stable production operations for the first half of 2025 [1] - (2) Continuous improvement in product structure and design, enhancing product quality and launching new products to meet diverse market needs [1] - (3) Strengthened cost control and improved operational efficiency, along with active brand building, effectively supported the current performance and contributed to the company's stable and healthy development [1]