Zhi Tong Cai Jing·2025-09-02 03:30Group 1 - The core viewpoint of the news is that 康龙化成 (Crown Bioscience) has shown a mixed performance in its recent financial results, with revenue growth but a significant decline in net profit due to previous year's investment gains [1][2] - For the six months ending June 30, 2025, the company reported revenue of 6.441 billion RMB, a year-on-year increase of 14.93% [1] - The net profit attributable to shareholders was 701 million RMB, a decrease of 37% compared to the same period last year, primarily due to the impact of large investment gains from the disposal of PROTEOLOGIX, INC. in the previous year [1] Group 2 - 中银国际 (BOCI) reported that 康龙化成's revenue in the first half of the year grew by 15%, driven mainly by contributions from the top 20 multinational pharmaceutical companies and the European market [2] - The core business segments, particularly laboratory services and CMC, maintained good growth, while clinical CRO stabilized, and the large molecule and cell gene therapy segments remained weak [2] - The company expects new orders to grow by over 10% year-on-year in the first half of 2025, with laboratory services and CMC growing by 10% and 20% respectively, and has added 9 new Phase III and commercialization projects [2]