Core Insights - The company held a performance briefing for the first half of 2025 on September 12, highlighting breakthroughs in solid rocket engines and the successful expansion into drone booster business [1] - The company’s wholly-owned subsidiary has signed annual order contracts worth 739 million yuan, indicating a strong order backlog [1] - The company has set multi-dimensional measures to achieve its target of net asset return on equity excluding non-recurring items for the years 2025 to 2027 [1]