Core Viewpoint - The company, Zhuozhao Adhesive, reported significant growth in revenue and net profit for the first half of 2025, primarily driven by the acquisition of Guangdong Pusen and the expansion into new customer markets, including entering the supplier system of CATL [1][2][3] Financial Performance - For the first half of 2025, Zhuozhao Adhesive achieved revenue of approximately 156 million yuan, a year-on-year increase of 207.46% [1] - The net profit attributable to shareholders reached approximately 26.78 million yuan, with a year-on-year growth of 322.66%, marking a turnaround from a loss of 12.03 million yuan in the same period last year [1][2] Acquisition Impact - The acquisition of Guangdong Pusen, completed on January 31, 2025, contributed significantly to Zhuozhao Adhesive's financial performance, with Pusen generating revenue of 40.35 million yuan in the first half of 2025, accounting for over 25% of the total revenue [2] - The integration of Guangdong Pusen has enhanced the company's resource allocation and competitive positioning within the industry [2] Market Expansion - Zhuozhao Adhesive has successfully entered the supplier system of CATL and obtained a vendor code from Samsung Electronics, laying a solid foundation for future collaborations [3] - The company has also made strides in the consumer electronics sector, securing multi-million unit orders in visual inspection and AI glasses for Meta, although these new business areas have yet to achieve mass production [3] R&D and Expenses - The company's R&D expenses increased to 16.83 million yuan, but the proportion of R&D expenses relative to revenue decreased by 16.36 percentage points due to the substantial growth in revenue [3] - Operating expenses rose significantly to 189,100 yuan, a year-on-year increase of 1580.09%, primarily attributed to the expenses incurred from the acquisition of Guangdong Pusen [3]
卓兆点胶并购完成后首度披露半年报，已进入宁德时代供应商体系