Mankun(SZ:301132) Zheng Quan Shi Bao Wang·2025-08-15 03:25Core Viewpoint - ManKun Technology (301132) reported significant growth in revenue and net profit for the first half of 2025, driven by high demand in the high-precision circuit board industry and strategic focus on key market segments [1][2]. Group 1: Financial Performance - The company achieved operating revenue of 760 million yuan, a year-on-year increase of 31.56% [1] - Net profit attributable to shareholders reached 63.24 million yuan, up 62.30% year-on-year [1] - The non-recurring net profit was 56.81 million yuan, reflecting a 77.12% increase compared to the previous year [1] Group 2: Market Strategy and Focus - The company is focusing on high-precision circuit boards, leveraging technological development and customer demand to target strategic clients in niche markets [1] - In the automotive electronics sector, products are widely used in smart driving, comfort systems, visual systems, and power systems, with a growing number of head clients entering the production ramp-up phase [2] - The company is also enhancing its customer structure in the consumer electronics sector, with high-end products being used in LCD screens, laptops, and outdoor LED displays [2] Group 3: Product Development and Innovation - The company is experiencing a surge in orders for mid-to-high-end server power products due to strong demand for AI computing power, with a focus on meeting customer specifications and delivery timelines [2] - The company is proactively developing next-generation product technology in collaboration with core clients, aiming for innovations in architecture and performance [2] - The third factory's IPO project is centered on high-layer and HDI PCB products, achieving steady increases in capacity, output, and sales [3]