奇精机械：上半年营收同比增长8.72%

Core Insights - The company reported a revenue of 1.057 billion yuan for the first half of 2025, marking an 8.72% year-on-year increase, while net profit attributable to shareholders decreased by 2.63% to 40.497 million yuan [1][2] Business Performance - The home appliance components segment generated 806 million yuan in revenue, up 7.57% year-on-year [1] - The automotive components segment saw significant growth, achieving 158 million yuan in revenue, a 17.03% increase year-on-year, becoming a key driver of performance [1] - The electric tools components segment experienced a slight decline, with revenue of 64 million yuan, down 4.95% year-on-year, prompting the company to optimize its product structure in this area [1] Market Expansion - Domestic sales reached 695 million yuan, reflecting an 8.36% year-on-year growth, while international sales amounted to 337 million yuan, up 7.92% year-on-year, indicating strong global supply-demand resilience and customer recognition [1] Project Development - The company is making steady progress on several key projects, including the drone components project, with over 10 products in the sampling stage, and 2 products having passed customer review, awaiting mass production approval [1] - A joint venture focused on heat pump products, Qijing Nuotong, was established in June and is expected to commence production in the fourth quarter [1] Capacity Expansion - The overseas factory in Thailand has passed customer review for the Samsung clutch project and is awaiting mass production approval; the Whirlpool clutch and processing project is progressing well, with line testing scheduled for late August and factory inspection in September [2] - The Thai factory is set to achieve dual business line operations for clutches and automotive components, enhancing global supply capabilities [2] - The domestic factory in Ninghai has completed its relocation, with functional integration and management process adjustments finalized, having passed customer site audits and commenced production [2] Company Profile - The company specializes in the research, design, production, and sales of washing machine clutches, automotive components, and electric tool components, focusing on "professionalization and intensification" in its operations [2]