闽灿坤Ｂ: 2025年半年度报告（英文版）

Core Viewpoint - The financial performance of Tsann Kuen (China) Enterprise Co., Ltd. has shown a significant decline in key metrics during the reporting period, primarily due to decreased orders from American customers and high raw material costs. Financial Highlights - Operating revenue for the reporting period was RMB 652,773,296.39, a decrease of 17.17% compared to RMB 788,085,998.03 in the same period last year [5][11] - Net profit attributable to shareholders decreased by 52.92% to RMB 16 million, with basic earnings per share dropping by 50% to RMB 0.09 [10][11] - Total assets decreased by 5.90% to RMB 2,479,488,976.29 from RMB 2,635,048,828.74 at the end of the previous year [5][11] Business Overview - The company specializes in developing, producing, and manufacturing small home appliances, including gourmet cooking and home helper products, and provides after-sales service [10] - The core competitiveness of the company is based on deep technical accumulation, continuous innovation, and a robust research and development system [6][10] - The company has established a dual-cycle market strategy, focusing on both domestic and international markets to enhance brand influence [7][10] Market Performance - The Americas region saw a significant decline in revenue, dropping 32.41% to RMB 246,494,836.05, while Europe and Asia experienced decreases of 10.49% and increases of 11.93%, respectively [11][13] - The company has increased investment in its Indonesian subsidiary to strengthen overseas production capabilities and stabilize customer relationships [10][11] Competitive Landscape - The industry is facing intensified competition due to geopolitical tensions, trade barriers, and the rise of local brands, which complicates the market dynamics [17][18] - The company maintains a strong intellectual property management system, with 32 new patents issued during the reporting period, enhancing its competitive edge [9][10]