Core Business Progress - The company has made significant breakthroughs in robot technology research and development, focusing on harmonic magnetic field motor technology, which has advantages such as high power density, compact size, cost savings, low electromagnetic interference, and long lifespan [1] - The harmonic magnetic field motor technology has already achieved mass production in collaboration with Lenze on drum motors and is entering a ramp-up phase [1] - The company is customizing solutions for humanoid robots, including linear joint motors, rotary joint motors, and dexterous hand motors, aiming to create new growth areas in industrial automation and humanoid robots [1] Fluid Technology and Electric Pump Business - The electronic water pump business has become a core growth point, securing key customer contracts due to its efficient heat management and low power consumption [2] - The company is gradually configuring a production capacity of 1.5 million electronic water pumps to meet mass production demands [2] - The company is also expanding into integrated solutions in the thermal management field, enhancing product value and market competitiveness [2] Financial Performance - In the first half of 2025, the company achieved a revenue of 428 million yuan and a net profit of 84.65 million yuan, with a non-recurring net profit of 75.47 million yuan [4] - The company’s cleaning products generated a revenue of 201 million yuan, while motor products generated 192 million yuan during the same period [3] Research and Development - The company invested 15.49 million yuan in R&D in the first half of 2025, a year-on-year increase of 4.23%, focusing on harmonic magnetic field motors, new magnetic materials, electronic pump optimization, and intelligent cleaning systems [3] - The company holds a total of 64 patents, including 18 invention patents, showcasing its strong technical capabilities and product quality control [5] Future Outlook - The company plans to continue focusing on core automotive components, increase the industrialization of robot technology, and expand the market for electronic pumps and charging door assemblies [5] - The company aims to leverage global capacity layout and technological innovation to achieve performance recovery amid the trends of automotive electrification and intelligence [5]