Nedfon(SZ:301043) Dong Jian Yan Bao·2025-09-04 12:26Group 1: Report Overview - Reported industry: Specialized equipment [2] - Research object: Lvdao Feng [17] - Reception time: September 4, 2025 [17] - Listed company reception staff: Chairman and General Manager Li Qingquan, Board Secretary, Chief Financial Officer and Deputy General Manager Zhu Dao, Independent Directors Xu Yingfeng and Zhang Chuhua [17] Group 2: Detailed Research Institutions - Reception object: General investors [20] - Reception object type: General investors [20] - Institution - related personnel: None mentioned [20] - Others: None mentioned [20] Group 3: Main Content Summary - New product market feedback: The new product category developed by the company in the first half of 2025 is mainly dehumidifier products. The market feedback in the first half of the year was okay, and the sales in July and August further increased. The company has established a dedicated business unit for dehumidifier products [24] - Reason for net profit decline: The semi - annual net profit decreased by 18.72% year - on - year, mainly due to the decline in product gross profit margin and the reduction in investment income from redeemed wealth management products compared to the same period last year [24] - Overseas sales: The company's overseas sales account for a small proportion of its main business income. The products are mainly sold to countries and regions such as Brazil, Thailand, the Philippines, South Korea, Egypt, Spain, Vietnam, and the United Arab Emirates [24] - Investment and acquisition plan: The company will, according to market needs and its own situation, look for suitable targets in relevant industries (ventilation, dehumidification, air - conditioning, and purification) in a timely manner, and take measures such as financing, investment, and acquisition to enhance the company's brand strength [25]