Core Viewpoint - Company held a conference call with 23 institutions to discuss its performance and future prospects, highlighting significant growth in various business segments [1][3] Financial Performance - For the first half of 2025, the company reported revenue of 26.985 billion yuan, a year-on-year increase of 12.82% [1] - Net profit attributable to shareholders was 856 million yuan, up 3.88% year-on-year [1] - Revenue breakdown by product category: - Consumer battery business: 13.890 billion yuan, up 5.22% [1] - Electric vehicle battery business: 7.604 billion yuan, up 22.63% [1] - Energy storage systems: 1.004 billion yuan, up 68.85% [1] - Other businesses: 4.486 billion yuan, up 14.39% [1] Dividend Distribution - The company plans to distribute a cash dividend of 0.60 yuan per 10 shares, totaling approximately 110.297 million yuan [2] Product and Market Developments - The company achieved a 93.04% year-on-year increase in power battery shipments, totaling 16.08 GWh in the first half of 2025 [3] - The first generation of semi-solid batteries has been developed with an energy density exceeding 300 Wh/kg, and the second generation is in trial testing [3] - The company has submitted its A1 prospectus to the Hong Kong Stock Exchange, with the listing process subject to regulatory approvals [3] - New product launches include a fast-charging battery capable of charging in 5 minutes, with the world's first 1,400A fast-charging battery [3]

Group 1: Company Performance - In the first half of 2025, the company achieved a revenue of 26.985 billion RMB, a year-on-year increase of 12.82% [1] - The net profit attributable to shareholders was 856 million RMB, up 3.88% year-on-year [1] - Revenue from consumer battery business reached 13.890 billion RMB, growing by 5.22% [1] - Revenue from electric vehicle battery business was 7.604 billion RMB, with a growth of 22.63% [1] - Revenue from energy storage systems reached 1.004 billion RMB, marking a significant increase of 68.85% [1] - Other business revenue was 4.486 billion RMB, up 14.39% [1] - The company plans to distribute a cash dividend of 0.60 RMB per 10 shares, totaling approximately 110.30 million RMB [1] Group 2: Battery Shipment and Financials - The total shipment of power batteries in the first half of 2025 was 16.08 GWh, reflecting a substantial year-on-year growth of 93.04% [2] - The increase in financial expenses was primarily due to reduced foreign exchange gains, with losses attributed to fluctuations in the Indian and US dollar exchange rates [2] Group 3: Product Development and Market Trends - The first-generation semi-solid battery has been developed with an energy density exceeding 300 Wh/kg; the second-generation samples are undergoing pilot testing [3] - The ratio of ternary to lithium iron phosphate battery shipments in the first half of 2025 was 2:8, consistent with industry trends [3] - Emerging markets for consumer batteries include gimbal products, service robots, and VR/AR glasses, with notable sales growth [4] Group 4: IPO and New Product Launches - The company submitted its A1 prospectus to the Hong Kong Stock Exchange on July 30, 2025, with the IPO subject to various regulatory approvals [5] - A new ultra-fast charging battery product matrix was launched in May 2025, featuring a charging capability of 12C and a recharge time of 5 minutes [6] - The world's first 1,400A flash charging battery, capable of providing 450 kilometers of range in 5 minutes, was introduced [6]