Xin Lang Zheng Quan·2025-08-30 09:04Core Viewpoint - The company, Yinchuan Weili Transmission Technology Co., Ltd., held an online meeting with 33 institutions to discuss its business growth, core products, and the reasons behind the profit decline in the first half of 2025 [1][2]. Group 1: Financial Performance - The company's profit decline in the first half of 2025 was primarily due to a 75.45% increase in employee-related cash payments, amounting to 81.53 million yuan, attributed to strategic personnel reserves for the wind power gearbox business [1]. - The company anticipates an improvement in overall profit levels as production capacity ramps up and the benefits of expense investments become evident [1]. Group 2: Production and Capacity - As of August 29, 2025, the company has invested a total of 1.23 billion yuan in the wind power gearbox smart factory, with construction progressing smoothly and key phases of the project ongoing [2]. - The initial production capacity of the smart factory is currently being optimized, with factors such as team proficiency and equipment calibration affecting full capacity release [2]. - The company expects a significant increase in gross margin post-production due to product value addition and cost reduction from scale effects [2]. Group 3: Product Advantages - The wind power gearbox product boasts advantages such as smooth engagement, low noise, and excellent sealing performance, attributed to the company's advanced technology and processes [2]. - High-quality alloy steel materials and advanced heat treatment processes are utilized in gear production, enhancing precision and durability [2].