Core Points - The company reported a revenue of 702 million yuan in the first half of 2025, representing a year-on-year increase of 51.39% [1] - The net profit attributable to shareholders was -18 million yuan, an improvement from -68 million yuan in the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -110 million yuan, slightly better than -115 million yuan in the previous year [1] - The net cash flow from operating activities was -442 million yuan, compared to -95 million yuan in the same period last year [1] Financial Performance - In 2024, the company achieved a revenue of 1.38 billion yuan, a year-on-year growth of 54.94% [4] - The net profit attributable to shareholders was -12 million yuan, down from 140 million yuan in the previous year [4] - The net profit after deducting non-recurring gains and losses was -124 million yuan, compared to -32 million yuan in the same period last year [4] - The net cash flow from operating activities was -313 million yuan, worsening from -52 million yuan in the previous year [4] Fundraising and Projects - The company raised a total of 1.888 billion yuan from its initial public offering, with a net amount of 1.698 billion yuan after deducting issuance costs [3] - The funds raised will be used for high-end semiconductor quality control equipment industrialization projects, R&D center upgrades, and working capital [3] - The company is currently planning to issue shares to specific investors to raise up to 2.5 billion yuan, which will be allocated to R&D projects for high-end semiconductor quality control equipment [5]