SHIHUA(SH:688093) Zheng Quan Zhi Xing·2025-08-22 16:24Core Viewpoint - Suzhou Shihua New Materials Technology Co., Ltd. reported significant growth in its financial performance for the first half of 2025, with substantial increases in revenue and net profit compared to the same period last year [1]. Financial Performance - Total assets at the end of the reporting period reached approximately CNY 2.25 billion, an increase of 5.93% from the previous year [1]. - Net assets attributable to shareholders increased by 7.80% to approximately CNY 2.11 billion [1]. - Operating revenue for the period was approximately CNY 536.51 million, reflecting a 73.79% increase compared to CNY 308.71 million in the same period last year [1]. - Total profit amounted to approximately CNY 221.77 million, up 83.64% from CNY 120.76 million [1]. - Net profit attributable to shareholders was approximately CNY 193.06 million, an increase of 86.38% from CNY 103.58 million [1]. - The net cash flow from operating activities was approximately CNY 202.35 million, representing an 88.31% increase from CNY 107.46 million [1]. - The weighted average return on net assets rose to 9.45%, an increase of 4.03 percentage points from the previous year [1]. - Basic earnings per share increased to CNY 0.74, up 85.00% from CNY 0.40 [1]. Research and Development - The proportion of R&D investment to operating revenue decreased to 5.32%, down 2.31 percentage points from the previous year [2]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 7,734 [2]. - The largest shareholder, Lü Gang, holds 18.36% of the shares, amounting to 48,220,200 shares [2]. - The second-largest shareholder, Yefei Investment Development (Suzhou) Co., Ltd., holds 14.32% with 37,610,000 shares [2]. Corporate Governance - Lü Gang and Cai Huijuan are identified as the actual controllers of the company and are considered acting in concert [2].