VITI(SH:603023) Zheng Quan Zhi Xing·2025-08-18 10:08Core Viewpoint - Harbin Viti Electronics Co., Ltd. reported significant changes in its financial performance for the first half of 2025, with a notable increase in revenue but a substantial decline in profit, indicating challenges in profitability despite revenue growth [1]. Financial Summary - Total assets at the end of the reporting period amounted to CNY 889.63 million, reflecting a slight increase of 0.51% compared to the previous year [1]. - Operating revenue reached CNY 73.95 million, representing a remarkable increase of 108.57% year-on-year [1]. - The total profit for the period was a loss of CNY 928.18 thousand, a decline of 118.11% compared to the previous year [1]. - Net profit attributable to shareholders was CNY 552.09 thousand, down 88.90% from the same period last year [1]. - The net profit after deducting non-recurring gains and losses was CNY 257.20 thousand, a decrease of 94.34% year-on-year [1]. - The net cash flow from operating activities was a negative CNY 17.04 million, a significant decline of 266.60% compared to the previous year [1]. Shareholder Information - The top shareholder, Chen Zhenhua, holds 24.64% of the shares, amounting to 137,524,155 shares [3]. - The second-largest shareholder is Lishui Jiuyou Equity Investment Fund, holding 21.58% with 120,445,673 shares [3]. - The total number of shareholders at the end of the reporting period was 20,897 [1]. Business Development - During the reporting period, the company expanded its product line by entering the passenger car electronics and optical injection molding sectors, thereby broadening its market opportunities [4].