晋拓股份: 2025年半年度报告

Core Viewpoint - The report highlights the financial performance and operational developments of Jintuo Technology Co., Ltd. for the first half of 2025, showcasing growth in revenue and profit, alongside strategic expansions in various sectors, particularly in the automotive and robotics industries [1][2][3]. Financial Performance - The company's operating revenue for the first half of 2025 reached approximately 605.18 million RMB, representing a year-on-year increase of 9.41% compared to 553.13 million RMB in the same period last year [2][3]. - The total profit for the period was approximately 38.82 million RMB, up 17.77% from 32.96 million RMB in the previous year [2][3]. - The net profit attributable to shareholders was about 32.79 million RMB, reflecting an 8.15% increase from 30.32 million RMB year-on-year [2][3]. - The net cash flow from operating activities surged by 209.81%, amounting to approximately 61.13 million RMB, compared to 19.73 million RMB in the same period last year [2][3]. Industry Overview - The automotive industry in China saw significant growth in the first half of 2025, with production and sales reaching 15.62 million and 15.65 million vehicles, respectively, marking increases of 12.5% and 11.4% year-on-year [3][4]. - New energy vehicles (NEVs) experienced remarkable growth, with production and sales of 6.97 million and 6.94 million units, respectively, reflecting year-on-year increases of 41.4% and 40.3% [3][4]. - The market share of NEVs reached 44.3%, while domestic brand passenger vehicles accounted for 68.5% of the market, with sales of 9.27 million units, up 25% year-on-year [3][4]. Business Operations - The company specializes in the research, production, and sales of aluminum alloy precision die-casting parts, primarily for the automotive sector, including both traditional and new energy vehicles [3][4]. - The company has diversified its product offerings to include components for robotics, industrial automation, smart home devices, and satellite communication [4][5]. - Jintuo Technology has established a global presence, with operations in Asia, North America, and Europe, and has set up subsidiaries in Mexico to enhance its global supply capabilities [5][6]. Strategic Initiatives - The company has focused on maintaining and deepening relationships with major multinational automotive suppliers, leveraging its existing sales network and customer resources to enhance customer satisfaction and expand its client base [4][5]. - Jintuo Technology has committed to green, low-carbon, and high-quality development, integrating ESG principles into its business strategy to promote sustainable growth [5][6]. - The establishment of a wholly-owned subsidiary, Shanghai Craft Energy Robotics Co., Ltd., aims to capitalize on the growing robotics market and strengthen the company's position in this sector [5][6].