天壕能源：上半年净利润6901.39万元

Core Viewpoint - Tianhao Energy reported a decline in net profit for the first half of 2025, primarily due to a decrease in gas sales volume and a drop in operating gross profit [1] Financial Performance - The company achieved an operating revenue of 1.372 billion yuan in the first half of 2025 [1] - The net profit attributable to shareholders was 69.0139 million yuan [1] - The non-recurring net profit was 59.4803 million yuan [1] Business Development - Since its transformation, the company has actively seized opportunities in deep coalbed methane exploration and extraction, focusing on expanding in regions such as Shaanxi and Yulin [1] - The company aims to achieve breakthroughs in resources, pipelines, and utilization projects, creating synergies with projects like the Shen'an Line [1] Key Projects - The Xinxian Dongmen Station project has been completed and put into operation, overcoming the previous limitation of the Shen'an pipeline only covering the Jin-Ji region [1] - The Chifeng Tongrui Yuanbaoshan industrial park gas supply project has entered the trial operation phase, with an annual gas consumption expected to reach 500 million cubic meters, which will significantly enhance the company's performance and support local economic development [1]