GONGNIU(SH:603195) Cai Jing Wang·2025-08-28 10:21Core Insights - The company reported a revenue of 8.168 billion yuan for the first half of 2025, representing a year-on-year decrease of 2.6% [1] - The net profit attributable to shareholders was 2.06 billion yuan, down 8.0% year-on-year [1] - Basic earnings per share decreased by 8.06% to 1.14 yuan [1] Revenue Analysis - The decline in revenue is attributed to changes in product structure and a slight decrease in sales compared to the same period last year [1] Business Focus - The company is concentrating on three main business areas: electrical connections, smart electrical lighting, and new energy [1] - Electrical connection products include converters (i.e., sockets), digital accessories, and power tools [1] - Smart electrical lighting products encompass wall switches and sockets, LED lighting (including smart lighting), safety circuit breakers, smart bathroom heaters, smart clothes drying racks, smart locks, and smart curtain machines [1] - New energy products primarily consist of electric vehicle charging piles/guns, home energy storage, commercial and industrial energy storage, and portable outdoor energy storage [1]