友阿股份回复问询：尚阳通上半年盈利增长近七成

Core Insights - The acquisition of Shangyang Tong by Youa Co., Ltd. is progressing smoothly, with significant revenue and profit growth reported for Shangyang Tong in the first half of 2025 [1][10] - Shangyang Tong's revenue reached 333.64 million yuan, a year-on-year increase of 28.10%, while net profit attributable to shareholders was 22.40 million yuan, up 66.94% [4][10] Financial Performance - Shangyang Tong has shown a strong recovery in profitability, with nearly a 70% year-on-year increase in profit [3][4] - The company has established a diverse product matrix covering automotive, industrial, and consumer markets, with a focus on high-performance power devices [3][4] Market Position and Strategy - Shangyang Tong has gained recognition from leading companies such as BYD and ZTE, becoming a core supplier in their supply chains, which enhances business stability and drives technological innovation [4][6] - The company is adopting a Fabless model, focusing on core technology development while outsourcing manufacturing and testing [5][6] Product Development and Innovation - Shangyang Tong is increasing R&D investment, with several core products nearing mass production, including advanced MOSFETs and IGBTs [6][7] - The company holds 108 patents, including 75 invention patents, establishing a significant technological barrier [5][6] Integration and Future Outlook - Youa Co., Ltd. has developed a comprehensive integration plan for the acquisition, covering business, assets, finance, personnel, and organization [9] - The integration aims to enhance operational efficiency and shareholder value, positioning Youa Co., Ltd. for sustainable growth in both retail and semiconductor sectors [9][10]