Zhong Guo Jing Ji Wang·2025-10-20 07:16Core Viewpoint - Delong Laser (688170.SH) reported a slight increase in revenue for the first half of 2025, but continued to face significant net losses compared to the previous year [1][2]. Financial Performance - The company achieved operating revenue of 285.22 million yuan in the first half of 2025, representing a year-on-year increase of 2.49% [2]. - The net profit attributable to shareholders was -15.48 million yuan, worsening from -9.87 million yuan in the same period last year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -24.34 million yuan, compared to -16.10 million yuan in the previous year [2]. - The net cash flow from operating activities was 19.65 million yuan, a significant improvement from -64.10 million yuan in the same period last year [2]. Historical Context - In 2024, the company reported operating revenue of 715 million yuan, a year-on-year increase of 22.93%, but also recorded a net loss of -34.50 million yuan [2]. - The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 29, 2022, with an initial offering price of 30.18 yuan per share and raised a total of 780 million yuan [3]. - The net proceeds from the IPO were 714 million yuan, exceeding the original plan by 264 million yuan [3]. Use of Proceeds - The funds raised from the IPO were intended for expanding production capacity for precision laser processing equipment, developing new laser technologies, building a research center, and enhancing customer service networks [3]. Shareholder Information - The controlling shareholder and actual controller of Delong Laser, Zhao Yuxing, holds Australian nationality [5].