Xiehe Electronic(SH:605258) Dong Jian Yan Bao·2025-09-01 14:20Group 1: General Information - The research object is Xiehe Electronics, belonging to the electronic components industry, and the reception time was on September 1, 2025 [17] - The listed company's reception staff included the company's chairman Zhang Wenting, director and general manager Zhang Minjin, independent director Cai Zhijun, board secretary Sun Rongfa, and financial controller Zhang Wei [17] Group 2: Research Institutions - The research institutions included investors and others [20] Group 3: Core Views and Financial Data - In the first half of 2025, the company achieved an operating income of 450.5872 million yuan, a year-on-year increase of 12.13%, and the net profit attributable to the parent company's shareholders was 28.9592 million yuan, a year-on-year decrease of 8.31% [24] - The company currently has no plan for semi - annual dividends, but has focused on investor returns and has distributed cash dividends for many years since its listing, with a cumulative cash dividend of about 110 million yuan in the past three years [24] - The company is optimistic about the PCB industry. According to Prismark's prediction, the compound annual growth rate of the global PCB output value from 2024 - 2029 will reach 5.2% [24] - The company will focus on the printed circuit board industry, expand downstream application areas based on its own advantages, and provide high - quality products to customers [25] - To deal with market competition and enhance its own value, the company will continue to deepen, consolidate, and expand application areas according to its resource endowment and competitive advantages, increase market development and product R & D efforts, and improve its operating and profitability [24]