Core Viewpoint - The company achieved significant revenue growth in Q2, but profit margins were impacted by a decline in gross margin, with expectations for improved profitability in Q3 [1][3]. Group 1: Financial Performance - In the first half of the year, the company's operating revenue reached 7.459 billion yuan, a year-on-year increase of 21.0%, while net profit attributable to shareholders was 422 million yuan, up 2.8% year-on-year [1]. - Q2 operating revenue was 3.940 billion yuan, reflecting a year-on-year growth of 26.4% and a quarter-on-quarter increase of 12.0% [1]. - Q2 gross margin was 16.8%, down 2.0 and 2.7 percentage points year-on-year and quarter-on-quarter, respectively, primarily due to industry-wide price declines concentrated in Q2 [1]. Group 2: Growth Opportunities - The company has established strong relationships with major clients, including Geely, Chery, Li Auto, Xiaomi, Great Wall, NIO, BYD, and international electric vehicle brands, with several key models set to launch in the second half of the year [2]. - The launch of the Model Y L on August 19 generated 50,000 orders within three days, indicating strong demand, while the Li Auto i8 began deliveries on August 20 [2]. - The company's exterior parts and seating business are entering a growth phase, with significant revenue increases expected, enhancing the per-vehicle value and deepening client relationships [2]. Group 3: International Expansion - The company's international strategy is yielding results, with overseas revenue accounting for nearly 20% of total revenue, and significant growth in revenue from the Mexico and Slovakia factories [3]. - The Mexico factory generated 9.62 billion yuan in revenue, a year-on-year increase of 195.5%, while the Slovakia factory contributed 3.15 billion yuan [3]. - The company is expanding its presence in Europe, with a recent investment of 45 million euros in Slovakia and the establishment of subsidiaries in Germany, which is expected to further enhance profitability [3].

川环科技公告，公司近日收到了国内知名汽车制造商J客户（限于保密协议，无法披露名称）的2个项目 定点函，公司为该客户配套液冷流体管路系统等产品，预计生命周期6年，生命周期内公司配套管路产 品总金额约为5亿元，预计量产时间2025年11月。J客户是国内领先的自主汽车品牌，此次获得新项目定 点，对公司技术能力和市场竞争力的认可，有利于推动公司相关产品的进一步拓展，对公司流体管路业 务的增长及持续盈利能力提升产生积极影响。 ...