Group 1 - The core viewpoint of the article highlights that Haige Communication (002465.SZ) reported a significant decline in both revenue and net profit for the first half of 2025, indicating challenges in the industry [1] - The company's operating revenue for the first half of 2025 was 2.229 billion yuan, a year-on-year decrease of 13.97% [1] - The net profit attributable to shareholders was 2.5138 million yuan, reflecting a substantial year-on-year decrease of 98.72% [1] Group 2 - The company experienced a net loss of 36.3363 million yuan after excluding non-recurring gains and losses [1] - Basic earnings per share were reported at 0.001 yuan [1] - The decline in revenue and profit was attributed to ongoing adjustments from industry clients and cyclical fluctuations, leading to delays in contract signing [1] Group 3 - Despite the financial challenges, the company continued to invest in research and development across emerging fields such as chips, satellite internet, Beidou, intelligent unmanned systems, low-altitude economy, 6G, robotics, brain-computer interfaces, and smart wearables [1] - The R&D expenditure for the first half of 2025 was 447 million yuan, accounting for 20.05% of the operating revenue [1] - The company is actively expanding its international market presence and exploring opportunities in the civilian market [1]