WAYS(SH:605218) Xin Lang Zheng Quan·2025-10-11 11:06Group 1 - The company, Weishi Electronics, has recently announced a 480 million yuan capital increase plan approved by the CSRC, while its actual controller, Watanabe Yōichi, plans to reduce his stake by up to 3%, potentially cashing out approximately 149 million yuan [1][2] - Watanabe Yōichi has previously reduced his holdings, transferring 6% of the company's shares to Wang Xiaoqing for a total of 252 million yuan at a price of 19.75 yuan per share [1] - The company primarily engages in the research, production, and sales of backlight display modules, LCD display modules, and smart display components, with applications in mid-to-high-end automotive, mobile phones, tablets, and digital cameras [1] Group 2 - In the first half of 2025, Weishi Electronics achieved a revenue of 977 million yuan, a year-on-year increase of 9.81%, but the net profit attributable to shareholders was only 19.48 million yuan, a slight increase of 0.87% [2] - The company's non-recurring net profit fell to 10.94 million yuan, a year-on-year decline of 33.97%, indicating a decrease in the profitability of its main business [2] - The gross profit margin for the first half of 2025 was 12.76%, significantly down from 18.35% in 2022, suggesting ongoing pressure on profitability [2] - The recent capital increase plan allocates 380 million yuan for a lightweight vehicle-mounted new display component project and 100 million yuan for working capital [2]