杭汽轮Ｂ: 2025年半年度报告摘要（英文版）

Core Points - Hangzhou Turbine Power Group Co., Ltd. reported a decrease in operating revenue by 6.30% year-on-year, amounting to approximately 2.45 billion Yuan for the reporting period [1] - The net profit attributable to shareholders decreased by 16.78% year-on-year, totaling approximately 99.31 million Yuan [1] - The company experienced a significant improvement in cash flow generated by business operations, which improved by 49.77% compared to the previous year, resulting in a net cash flow of approximately -167.56 million Yuan [1] - Basic and diluted earnings per share decreased by 18.75% to 0.13 Yuan per share [1] - The net asset earning ratio declined by 0.67% to 1.65% [1] Company Information - The company is listed on the Shenzhen Stock Exchange under the stock code 200771 [1] - As of the end of the reporting period, the total gross assets were approximately 17.55 billion Yuan, reflecting a year-on-year increase of 1.70% [1] - The shareholders' equity attributable to shareholders of the listed company was not specified in the summary [1] - The total number of common shareholders at the end of the reporting period was 10,904 [1] Significant Events - The company plans to establish a joint venture, Lianyungang Zhonghang Gas Turbine Technology Co., Ltd., in collaboration with Jiangsu Yangjing Petrochemical Group Co., Ltd. to enhance its gas turbine technology capabilities [2] - A share transfer agreement was signed, where Hangzhou Qitong intends to transfer 35,286,479 non-tradable shares, accounting for 2.0022% of the company's total share capital, to Zhejiang Provincial Development Asset Management Co., Ltd. [4] - The company approved a proposal for the absorption and merger with Hangzhou Hirisun Technology Incorporated to improve resource allocation and operational efficiency [4]