GRANDWALL(SH:603897) Jin Rong Jie·2025-08-21 18:22Core Viewpoint - The company, Great Wall Technology, reported a slight decline in revenue but a significant increase in net profit for the first half of 2025, indicating a resilient performance despite market challenges [1]. Financial Performance - As of August 21, 2025, Great Wall Technology's stock price was 26.92 yuan, down 0.96% from the previous trading day [1]. - The company achieved a total revenue of 6.282 billion yuan in the first half of 2025, a year-on-year decrease of 0.56% [1]. - Net profit for the same period was 137 million yuan, reflecting a year-on-year increase of 18.86% [1]. - The company's total market capitalization is 5.557 billion yuan, with a price-to-earnings ratio of 20.24 times [1]. Business Operations - Great Wall Technology specializes in the research, production, and sales of electromagnetic wire products, which are widely used in power equipment, industrial motors, and household appliances [1]. - The company employs a "sales-driven production" strategy, securing stable supply through framework contracts with major clients [1]. - In the first half of 2025, the production volume of electromagnetic wire products reached 84,500 tons, with sales of 82,700 tons [1]. Dividend and Management Changes - The company announced a profit distribution plan, proposing a cash dividend of 3 yuan per 10 shares, totaling 61.93 million yuan, which represents 45.11% of net profit [1]. - Additionally, the company appointed Shen Hongming as the new general manager and nominated him as a candidate for the board of directors [1]. Market Activity - On August 21, 2025, the net outflow of main funds from Great Wall Technology was 13.89 million yuan, accounting for 0.25% of the circulating market value [1]. - Over the past five trading days, the cumulative net outflow of main funds reached 33.07 million yuan, representing 0.6% of the circulating market value [1].