Daimay(SH:603730) Sou Hu Cai Jing·2025-12-03 00:22Core Viewpoint - Daimay Co., Ltd. announced that its subsidiary in Mexico received a prepayment of $14.7 million (approximately RMB 104 million) from an insurance company following a fire incident at its facility on May 11, 2025, which caused significant damage but no casualties [2][6]. Financial Performance - For the first half of the year, the company reported a revenue of RMB 3.175 billion, a decrease of 3.35% compared to the same period last year [4]. - The net profit attributable to shareholders was RMB 241 million, down 42.56% year-on-year [4]. - The total profit for the period was RMB 259 million, reflecting a decline of 47.89% compared to the previous year [4]. Impact of Fire Incident - The fire incident resulted in an estimated loss of $33.75 million (approximately RMB 242 million), which significantly impacted the company's financial results for the first half of the year [2][5]. - Excluding the losses from the fire and additional costs from tariffs, the company's actual net profit for the first half was approximately RMB 431 million, showing a slight increase of 2.48% year-on-year [6]. Insurance Claims - The company has filed an insurance claim totaling approximately $46.28 million (about RMB 327 million), with the claims covering damages to the building, equipment, and inventory [6][8]. - The prepayment of $14.7 million will be recorded as "non-operating income" in the company's financial statements for the year 2025 [8]. Company Overview - Daimay Co., Ltd. specializes in the research, development, production, and sales of automotive interior components, holding a leading position in the automotive sunshade market [8].