Core Insights - Jinlu Electronics (301282) reported a revenue of 934 million yuan for the first half of 2025, representing a year-on-year growth of 24.19% [1] - The net profit attributable to shareholders reached 52.36 million yuan, up 32.19% year-on-year, while the net profit excluding non-recurring gains and losses surged by 79.41% to 46.50 million yuan [1] - Basic earnings per share increased by 29.63% to 0.35 yuan per share [1] Revenue and Profit Growth - The growth in performance is primarily driven by increased demand in downstream applications such as new energy vehicles and communication electronics [1] - Systematic cost reduction and efficiency improvement efforts have enhanced profitability [1] Product Development and Market Position - The company continues to strengthen its advantage in the smart electric vehicle sector, successfully developing and mass-producing PCB for solid-state battery BMS and electric drive products based on a 900V high-voltage architecture [1] - Jinlu Electronics is accelerating its expansion into emerging industries such as artificial intelligence and computing infrastructure, with successful development of rigid boards for 28-layer servers and mass production of copper paste sintered composite substrates and high-speed rigid boards [1] Customer Base and Collaboration - The company's PCB products are undergoing rapid upgrades focusing on high frequency, high speed, multi-layer, special processes, and advanced HDI [1] - The customer structure has been further optimized, establishing collaborations with industry chain enterprises such as Leap Motor and Weipai Technology [1]
金禄电子：上半年净利增超30% 新能源汽车PCB领域优势巩固