江特电机上半年营收增36%，总经理梁云年薪98万元、曾任天津华兴董事长

Core Viewpoint - Jiangte Electric's revenue increased by 35.85% year-on-year in the first half of 2025, but the net profit attributable to shareholders decreased significantly by 78.24%, indicating challenges in profitability despite revenue growth [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 was 975.17 million yuan, compared to 717.83 million yuan in the same period last year [1]. - The net profit attributable to shareholders was -114.19 million yuan, down from -64.07 million yuan, reflecting a substantial decline [1]. - The net profit after deducting non-recurring gains and losses was -161.29 million yuan, compared to -144.94 million yuan, marking an 11.28% decrease [1]. - Basic earnings per share were -0.07 yuan, a 75% decline from -0.04 yuan in the previous year [1]. Profitability Metrics - The gross margin for the first half of 2025 was 4.30%, an increase of 0.07 percentage points year-on-year [2]. - The net profit margin was -11.88%, a decrease of 2.59 percentage points compared to the same period last year [2]. Expense Analysis - Total operating expenses for the first half of 2025 amounted to 169 million yuan, an increase of 31.40 million yuan from the previous year [2]. - The expense ratio was 17.36%, down by 1.85 percentage points year-on-year [2]. - Sales expenses increased by 25.66%, management expenses rose by 9.78%, R&D expenses grew by 20.42%, and financial expenses surged by 247.19% [2]. Executive Compensation - The total compensation for General Manager Liang Yun in 2024 was 975,300 yuan, reflecting a 30% increase from 750,000 yuan in the previous year [4]. Company Overview - Jiangte Electric, established in May 1995 and listed in October 2007, is based in Yichun, Jiangxi Province, and specializes in lithium mica mining and processing, as well as the research, production, and sales of special motors [4].