Core Viewpoint - Longxing Technology (002442) reported steady growth in its main business of carbon black while increasing R&D investment to drive future development [1] Financial Performance - In the first half of the year, the company achieved revenue of 2.122 billion yuan and a net profit attributable to shareholders of 48.3412 million yuan [1] Business Development - The company owns four carbon black production bases located in Hebei, Shanxi, Henan, and Chongqing, with a total production capacity of 645,000 tons per year for carbon black and 35,000 tons per year for white carbon black [1] - The company ranks among the top three in carbon black production in China according to the China Rubber Association's Carbon Black Branch [1] Capacity Expansion - The production capacity bottleneck has been effectively alleviated with the commissioning of the Shanxi and Chongqing production bases [1] R&D Investment - The company invested 116 million yuan in R&D in the first half of the year, a significant increase of 131.67% compared to the same period last year [1] - The company focused on overcoming nine key R&D projects and has obtained a total of 122 national patent authorizations covering various fields including carbon black production equipment, process optimization, environmental technology, and carbon-based new materials [1]