Jia Yuan Technology(SH:688388) Zhong Zheng Wang·2025-08-29 07:44Core Viewpoint - The company, Jia Yuan Technology, reported significant growth in its financial performance for the first half of 2025, driven by increased sales orders, higher capacity utilization, and reduced production costs [1][2] Financial Performance - The company achieved operating revenue of 3.963 billion yuan, a year-on-year increase of 63.55% [1] - Net profit attributable to shareholders was 36.7541 million yuan, marking a turnaround from a loss in the previous year [1] - Basic earnings per share reached 0.09 yuan, compared to -0.25 yuan in the same period last year [1] Production and Capacity - The company's production capacity for copper foil exceeded 130,000 tons by the end of the reporting period [1] - Copper foil production was approximately 41,400 tons, reflecting a year-on-year growth of 72.46% [1] - Copper foil sales reached 40,700 tons, with a year-on-year increase of 63.01% and a capacity utilization rate exceeding 90% [1] Research and Development - R&D investment for the first half of 2025 amounted to 190 million yuan, representing a year-on-year increase of 40.82% [2] - The company has expanded its product matrix in the lithium battery copper foil sector, achieving stable mass supply of ultra-thin copper foils [2] - Notable advancements in solid-state battery technology have been made, with products like high specific surface area copper foil and special alloy copper foil being supplied to multiple enterprises [2] Strategic Focus - The company's development strategy in the PCB copper sector emphasizes high-end and differentiated products, targeting high-frequency, high-speed circuit copper foil, HDI copper foil, and special functional copper foil [1] - The company is actively exploring overseas markets while optimizing its product structure to increase the proportion of high-value-added products [1]