OrientZirconic(SZ:002167) Xin Lang Cai Jing·2025-09-19 10:41Core Viewpoint - The company has made significant strategic decisions regarding its operations and financial performance, including a shift in ownership of its Australian zircon assets and a notable improvement in its financial health. Group 1: Business Strategy - The company will transfer 79.28% of its subsidiary, Australia East Zircon's stake in Mingrui Zircon Industry to its controlling shareholder's subsidiary, Baili Lian Hong Kong, by November 2024, to focus on strategic layout in emerging application fields [2] - Despite the transfer, the company retains a priority purchase right for zircon resources produced by Mingrui Zircon, ensuring its competitive advantage in raw material supply [2] Group 2: Financial Performance - In the first half of 2025, the company achieved a revenue of 626.41 million yuan and a net profit of 29.08 million yuan, successfully turning a profit [3] - The company's interest-bearing debt has decreased, leading to a significant reduction in financial expenses, and the asset-liability ratio improved to 27.08% by the end of June 2025, indicating enhanced financial stability [3] Group 3: Product Development and Market Position - The company's zircon products have been recognized for use in solid-state batteries, with zircon powder being applied as an additive in ternary cathode materials [4] - The company is optimistic about the future of solid-state batteries, which offer improved safety, energy density, and charging efficiency, and sees a demand for zircon in oxide solid electrolytes [4] - The company is closely monitoring market dynamics related to zircon supply, emphasizing the importance of maintaining a secure supply chain and cost control [4]