金宏气体：上半年营收稳步增长 现场制气与氦气业务布局成亮点

Core Insights - The company demonstrated resilience in a challenging industry environment, achieving a revenue of 1.314 billion yuan, a year-on-year increase of 6.65% [1] - Total assets reached 7.830 billion yuan, reflecting a growth of 15.70% compared to the end of the previous year [1] - The net assets attributable to shareholders increased to 3.103 billion yuan, marking a year-on-year growth of 1.30% [1] Revenue and Profitability - The company experienced stable revenue growth driven by market expansion and increased sales, despite facing intensified market competition and a decline in the gross margin of some products [2] - The net profit attributable to shareholders was 82.2 million yuan, representing a significant year-on-year decrease of 48.65% [2] - Research and development (R&D) expenses reached 55.58 million yuan, an increase of 18.04% year-on-year, with R&D investment accounting for 4.23% of revenue, indicating a commitment to innovation despite short-term profit pressures [2] Business Development - The on-site gas production business has become a new growth driver for the company, with significant breakthroughs in large-scale projects during the reporting period [3] - Projects such as Yinkou Jianfa, Shandong Ruilin, and others have accelerated construction or stabilized operations, enhancing the company's supply capabilities for downstream customers [3] - The acquisition of Hanxing Gas (Shanghai), now renamed Jin Hong Jie Meng Gas, has optimized regional layout and improved operational efficiency in on-site gas production [3] Strategic Initiatives - The company maintains a robust supply capability for helium, a strategic resource widely used in semiconductor, medical, and aerospace sectors [4] - Strategic partnerships have been established to promote helium energy technology innovation, including collaborations with Shanxi Experimental Laboratory and Beijing Jingneng Puhua Environmental Technology [4] - A joint venture was established in Aral, Xinjiang, to build advanced extraction and purification facilities for both gaseous and liquid helium [4]