同享科技2025年半年报：营收稳健增长，技术创新引领光伏焊带行业新篇章

Core Insights - The company achieved robust revenue growth in the first half of 2025, with operating income reaching 1.58 billion yuan, a year-on-year increase of 22.96% [1] - The net profit attributable to shareholders was 7.12 million yuan, reflecting the company's strong competitiveness and continuous innovation in the photovoltaic ribbon industry [1] - The company has significantly increased its R&D investment, with expenses reaching 49.49 million yuan, a year-on-year growth of 33.80%, and has secured multiple new invention patents [1] Company Performance - The core products, including busbars and interconnection ribbons, have gained wide recognition from downstream photovoltaic module manufacturers due to their excellent performance and quality [1] - The quality of photovoltaic ribbons directly impacts the efficiency and lifespan of photovoltaic modules, highlighting the importance of technological innovation [1] Global Expansion - The company has made significant progress in its global layout by establishing wholly-owned subsidiaries in Singapore and Malaysia, creating an integrated hub for R&D, production, and trade in Southeast Asia [1] - This strategic move has effectively shortened delivery cycles, mitigated trade barriers, and enhanced the company's global market competitiveness [1] Supply Chain and Customer Service - The company has excelled in supply chain management and customer service by optimizing procurement strategies and strengthening supplier collaboration, ensuring stable raw material supply and cost control [2] - The commitment to customer-centric approaches, including customized solutions and comprehensive after-sales service, has garnered widespread praise and long-term cooperation from clients [2] Future Outlook - The outstanding performance in the first half of 2025 underscores the company's deep accumulation and market competitiveness in the photovoltaic ribbon industry [2] - With the continuous growth of the global photovoltaic market and ongoing technological advancements, the company is poised to encounter broader development opportunities [2]