YAPP(SH:603013) Shang Hai Zheng Quan Bao·2025-08-27 19:46Core Viewpoint - The company, Yapu Automotive Parts Co., Ltd., has reported a positive performance in the first half of 2025, with a focus on enhancing operational quality and increasing shareholder returns through a cash dividend distribution plan [4][8][18]. Group 1: Financial Performance - In the first half of 2025, the company achieved a revenue growth of 12.79% year-on-year and a net profit attributable to shareholders growth of 11.82% [4][5]. - The company reported an undistributed profit of CNY 2,193,731,717.20 and a distributable profit of CNY 258,557,817.73 for the first half of 2025 [18][29]. - A cash dividend of CNY 0.05 per share (including tax) is proposed, with a total of CNY 25,585,018.20 to be distributed to shareholders [18][29]. Group 2: Strategic Initiatives - The company is focusing on dual core businesses of energy storage systems and thermal management systems, adapting to changes in the market and seeking opportunities in the new energy sector [4][5]. - The company has made significant progress in international operations, transferring excess domestic capacity to overseas subsidiaries and enhancing smart manufacturing capabilities [6][8]. Group 3: Shareholder Returns - Since its listing in 2018, the company has implemented cash dividends eight times, totaling CNY 1.847 billion, with an average dividend payout ratio of 55.66% [8][12]. - The company emphasizes a sustainable dividend strategy while considering future capital needs and shareholder interests [8][12]. Group 4: Governance and Compliance - The company has established a modern governance structure to enhance operational efficiency and protect shareholder rights [13][14]. - The board of directors and supervisory board have ensured compliance with legal and regulatory requirements in the decision-making process for the dividend distribution [22][30]. Group 5: Innovation and Sustainability - The company is committed to developing new productive forces, focusing on green and low-carbon development, and has established a distributed photovoltaic power generation system [9][10]. - The company has filed 25 patents in the first half of 2025, enhancing its competitive edge through intellectual property protection [9][10]. Group 6: Investor Relations - The company has improved its investor communication strategies, engaging with shareholders through various channels and activities to enhance transparency and trust [12][14]. - In the first half of 2025, the company conducted 22 investor engagement activities, ensuring a high response rate to investor inquiries [12][14].