Core Viewpoint - Wantong Hydraulic reported a strong performance in the first half of 2025, with significant growth in revenue and net profit, driven by innovation and market expansion efforts [1][2] Financial Performance - The company achieved operating revenue of 344 million yuan, a year-on-year increase of 13.12% - Net profit attributable to shareholders reached 67.32 million yuan, up 40.33% - Basic earnings per share were 0.57 yuan [1] Business Development - Focused on core business development, enhancing innovation, and implementing lean management practices - Steady growth in main business areas, with orderly progress in new product market development and significant results in international business expansion [1] - Research and exploration in electrification, intelligence, systemization, and servo control fields led to phased achievements in product iteration and technological innovation [1] Segment Performance - The revenue from special oil cylinders for dump trucks increased by 25.95% due to the positive effects of the old-for-new policy and the rapid growth of the new energy vehicle market [1] - The oil and gas spring products saw a revenue increase of 21.40%, with steady growth in order volume and enhanced brand influence [2] - Mechanical equipment cylinders benefited from active market expansion, with overall revenue growth of 3.96% in this segment [2] Market Analysis - Domestic market showed recovery in demand for special oil cylinders for dump trucks, with a year-on-year revenue increase of 9.74% - Internationally, the company achieved a significant revenue increase of 41.24%, driven by the high reliability and core technology advantages of its products [2]