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晶澳科技: 2025年半年度报告摘要

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, attributed to intensified industry competition and price pressures in the photovoltaic sector [6][7]. Financial Performance - The company's operating revenue for the reporting period was CNY 23,904,547,738.48, a decrease of 36.01% compared to the same period last year [6]. - The net profit attributable to shareholders was CNY -2,580,036,902.77, representing a 195.13% decline year-on-year [6]. - The net cash flow from operating activities improved to CNY 4,507,744,337.20, a 342.44% increase compared to the previous year [6]. - Basic and diluted earnings per share were both CNY -0.79, down 192.59% from CNY -0.27 in the previous year [6]. Asset and Equity Position - Total assets at the end of the reporting period were CNY 105,598,096,155.52, down 6.52% from the previous year [3]. - The net assets attributable to shareholders decreased by 11.10% to CNY 24,800,325,903.62 [3]. Market and Operational Strategy - The company maintained its leading position in battery module shipments, with a total of 33.79 GW shipped during the reporting period, of which approximately 45.93% were exported [6][7]. - The company emphasized technological innovation, investing CNY 1,388 million in R&D, which accounted for 5.81% of its operating revenue [7]. - The company launched various high-performance products tailored for different environmental conditions, enhancing its competitive edge [7]. Global Expansion and Supply Chain Strategy - The company is advancing its internationalization strategy and optimizing its global logistics network to mitigate risks associated with international trade policies [9]. - Plans to issue H-shares and list on the Hong Kong Stock Exchange are underway to strengthen its capital structure and enhance its international brand image [9].