截至本公告日期，图迈全球范围内累计商业化订单超过180台，累计商业化装机量已突破120台。 董事会预计集团于截至2025年12月31日止年度将取得经调整净亏损不超过人民币2.40亿元，较截至2024 年12月31日止年度的经调整净亏损(约人民币4.82亿元)缩窄超过50%，该亏损缩窄乃主要归功于营业收 入快速增长，以及降本增效多措并举下，产品成本及运营费用的大幅下降。同时，得益于集团高效的现 金流管控措施，集团于截至2025年12月31日止年度自由现金流净流出较截至2024年12月31日止年度大幅 收窄80%以上，至不超过人民币7000万元。 微创机器人-B(02252)发布公告，董事会预期公司截至2025年12月31日止年度的收入较截至2024年12月 31日止年度同比增长约110%至120%。该大幅跃升主要归因于核心产品图迈腔镜手术机器人商业化取得 突破性进展，销售增长迅猛，尤其是图迈海外市场拓展成效显著，全年新签海外市场订单逾百台，全年 海外市场销售收入为去年的五倍以上，增速远超行业平均水平，展现出强劲的全球扩张动能。 ...

Core Insights - The company reported a total revenue of 7.453 billion yuan for the first half of 2025, representing a year-on-year increase of 6.38% [1] - The net profit attributable to shareholders reached 312 million yuan, up 13.88% year-on-year [1] - The company has a significant accounts receivable issue, with accounts receivable amounting to 1450.08% of the net profit [1] Financial Performance - Total revenue for Q2 2025 was 3.945 billion yuan, a 3.34% increase year-on-year [1] - Q2 net profit attributable to shareholders was 133 million yuan, reflecting a 0.91% increase year-on-year [1] - Gross margin improved to 18.46%, up 7.11% year-on-year, while net margin increased to 4.19%, up 7.05% year-on-year [1] Cash Flow and Financial Management - The net cash flow from operating activities increased by 105.3%, attributed to better cash flow management and increased cash receipts from sales [2] - The cash and cash equivalents at the end of the period increased by 89.46%, primarily due to the maturity of structured deposit financial products [7] - The company reported a significant increase in cash inflow from investment activities, up 211.42% [4] Balance Sheet Changes - Cash and cash equivalents saw a net increase of 332.38%, driven by cash recovered from investments [7] - Accounts receivable increased by 28.27% to 7.22 billion yuan [1] - The company’s monetary funds rose by 69.45% to 3.338 billion yuan [1] Operational Insights - The company’s operating expenses, including sales, management, and financial expenses, totaled 529 million yuan, accounting for 7.1% of revenue, a 2.79% increase year-on-year [1] - The company’s return on invested capital (ROIC) was reported at 5.93%, indicating average capital returns [6] - The company’s reliance on research and development for performance improvement was noted, suggesting a need for careful analysis of underlying drivers [6]

Core Viewpoint - The company emphasizes the importance of cash flow management and has implemented multiple measures to enhance collection efforts and maintain cash flow stability [1] Group 1: Cash Flow Management Measures - The company has integrated collection targets into the performance evaluation of business departments, in addition to operational performance [1] - Regular collection meetings are held to monitor collection progress and manage the collection process effectively [1] - The company is intensifying efforts to recover historical receivables, particularly focusing on long-aged accounts receivable [1] Group 2: Project Settlement and Collection - The company is actively clearing project settlement balances and strengthening the collection of project final payments [1] - Systematic tracking of project accounting and payment requests is being conducted, with a focus on contracts that meet collection conditions to expedite payment requests [1]