Financial Performance - The company reported a revenue of approximately 76.08 billion yuan for the first half of 2025, representing a year-on-year increase of 6.39% [1] - The net profit attributable to shareholders was approximately 1.441 billion yuan, a decrease of 33.94% compared to the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately 1.432 billion yuan, down 35.19% year-on-year [1] - Basic earnings per share were 0.11 yuan, reflecting a decrease of 35.29% compared to the previous year [1] Debt and Liquidity - The asset-liability ratio stood at 54.54%, an increase of 6.74% from the same period last year [1] - The current ratio decreased to 1.7 from 1.76, a decline of 3.41% [1] - The quick ratio improved from 0.54 to 0.55, an increase of 1.85% year-on-year [1] Investment Activities - The company is actively responding to the 14th Five-Year Plan and the 2035 vision by optimizing and extending its industrial chain through investments and collaborations with professional investment institutions [2] - The total fund size for these investments is 100.4 million yuan, with the company contributing 85 million yuan as a limited partner and its wholly-owned subsidiary contributing 10 million yuan as a general partner [2] - As of June 30, 2025, the partnership had made a total of 11 investments amounting to 57.69 million yuan [2]