英搏尔：今年上半年出口业务增长显著

Core Viewpoint - The announcement from Yingboer (300681) highlights the reasons behind the increase in gross margin, emphasizing the importance of customer revenue structure and operational efficiency [1] Group 1: Customer Revenue Structure - The revenue share from the top five customers is gradually increasing, indicating deeper collaboration with key clients, which supports performance stability [1] - The expansion of business scale has led to the emergence of economies of scale in production, effectively diluting unit production costs [1] Group 2: Export Business Growth - There has been significant growth in export business during the first half of the year, with the overall gross margin of export business being higher than that of domestic clients, further boosting the overall gross margin level [1] Group 3: Internal Management and Operational Efficiency - The company is continuously enhancing its internal management system by optimizing business processes, improving resource allocation efficiency, and strengthening supply chain collaboration, which effectively increases overall operational efficiency [1] - Reasonable control of operating costs and improved turnover efficiency have further reduced operational losses, contributing to the growth in gross margin [1] Group 4: Future Outlook - Looking ahead to the second half of the year, the gradual implementation of key annual projects, along with the release of project capacity and improvement in technology conversion efficiency, will continue to enhance product market competitiveness and provide strong support for gross margin improvement, driving overall profitability enhancement [1]