
Core Insights - Lixun Precision achieved double-digit growth in both revenue and net profit in the first half of 2025, driven primarily by the automotive and communication sectors, with revenue growth rates of 48.65% and 82.07% respectively [1][3] Financial Performance - Revenue for the first half of 2025 reached 124.50 billion yuan, a year-on-year increase of 20.18% [5] - Net profit attributable to shareholders was 6.64 billion yuan, reflecting a 23.13% increase compared to the previous year [5] - Basic earnings per share rose to 0.92 yuan, up 22.67% year-on-year [5] - Operating cash flow turned negative at -1.66 billion yuan, a significant decline of 169.05% [5] - Total assets increased by 9.17% to 2,443.55 billion yuan, while net assets grew by 7.78% to 747.23 billion yuan [5] Business Segment Performance - The automotive segment reported revenue of 86.58 billion yuan, a remarkable increase of 82.07%, marking it as the fastest-growing segment [3][6] - The communication and data center business generated revenue of 110.98 billion yuan, up 48.65% year-on-year [3][6] - The consumer electronics segment, a traditional stronghold, achieved revenue of 977.99 billion yuan, growing 14.32% and accounting for 78.55% of total revenue [4][6] Strategic Focus - The company is capitalizing on the historical opportunity presented by the construction of AI computing power infrastructure, with the automotive business identified as a key driver for long-term sustainable growth [1][3] - Continuous investment in R&D increased by 8.86% to 4.59 billion yuan, reflecting the company's commitment to innovation [3]