Leadyo(SH:688135) Zhong Guo Jing Ji Wang·2025-09-21 07:13Core Viewpoint - Liyang Chip (688135.SH) reported a revenue of 284 million yuan for the first half of 2025, marking a year-on-year increase of 23.09%, while the net profit attributable to shareholders was a loss of 7.06 million yuan, an improvement from the previous year's loss of 8.44 million yuan [1][2]. Financial Performance - Revenue for the first half of 2025 was 284,036,747.38 yuan, up 23.09% from 230,754,593.03 yuan in the same period last year [2]. - The total profit for the period was a loss of 8,946,556.63 yuan, compared to a loss of 16,374,304.03 yuan in the previous year [2]. - The net profit attributable to shareholders was a loss of 7,061,056.54 yuan, improving from a loss of 8,444,249.31 yuan year-on-year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 6,759,610.05 yuan, compared to a loss of 7,983,544.97 yuan in the previous year [2]. - The net cash flow from operating activities was 100,788,676.45 yuan, down 9.40% from 111,240,850.65 yuan in the previous year [2]. Asset and Equity Position - As of the end of the reporting period, the net assets attributable to shareholders were 1,126,888,476.08 yuan, an increase of 1.82% from 1,106,774,363.80 yuan at the end of the previous year [2]. - Total assets amounted to 2,610,392,643.05 yuan, reflecting a slight increase of 0.68% from 2,592,747,635.77 yuan at the end of the previous year [2]. Historical Context - Liyang Chip was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on November 11, 2020, with an initial public offering of 34.1 million shares, representing 25% of the total share capital post-issue, at a price of 15.72 yuan per share [3]. - The total funds raised during the IPO amounted to 536.05 million yuan, with a net amount of 470.94 million yuan after deducting issuance costs [3]. Recent Financing Activities - On July 17, 2024, Liyang Chip announced the issuance of convertible bonds, raising a total of 520 million yuan (including issuance costs), with a net amount of 512.89 million yuan after deducting underwriting fees [4]. - The total amount raised from the two financing activities (IPO and convertible bonds) is 1.056 billion yuan [5].