利和兴2025半年报

Group 1 - The core viewpoint of the report indicates that Lihexing's financial performance for the first half of 2025 shows significant growth, with a revenue increase of 15% year-on-year, reaching 1.2 billion [1] - The company's net profit for the same period rose to 200 million, reflecting a 20% increase compared to the previous year [1] - The report highlights that the company's operating margin improved to 16.7%, up from 14.5% in the previous year, indicating better cost management and operational efficiency [1] Group 2 - Lihexing's market share in the industry has expanded, now accounting for 25% of the total market, an increase from 22% in the previous year [1] - The company has invested heavily in R&D, with expenditures reaching 150 million, which is 12.5% of total revenue, aimed at enhancing product innovation [1] - The report also notes that Lihexing's customer base has grown by 10%, with a total of 500,000 active customers as of June 2025 [1]