SHBT(SH:603009) Ge Long Hui A P P·2025-08-18 07:55Core Viewpoint - Minsheng Securities report indicates that Beite Technology's net profit attributable to shareholders for H1 2025 is 0.55 billion yuan, representing a year-on-year increase of 45.14% [1] Financial Performance - In Q2 2025, the net profit attributable to shareholders is 0.32 billion yuan, showing a year-on-year increase of 48.83% and a quarter-on-quarter increase of 38.51% [1] - For H1 2025, the company sold 15.84 million steering gear components, a year-on-year increase of 15.26%, and 21.60 million shock absorber components, a year-on-year increase of 2.15% [1] Business Development - The company has been deeply engaged in the automotive chassis sector for over 20 years, maintaining a leading position in the domestic steering gear rack and shock absorber piston rod segments [1] - To support the development of its screw rod business, the company is continuously advancing the construction of its factory in Kunshan, Jiangsu, and the Thailand production base project [1] - The main construction of the Kunshan factory is progressing smoothly, and the wholly-owned subsidiary Beite Singapore Investment and the wholly-owned subsidiary Beite Singapore Technology have been established [1] Market Position - The company is positioned as a leader in the chassis segment, focusing on lightweight solutions and robotics to create additional growth curves [1]