Core Viewpoint - The company, Jin Qilin, is focusing on expanding its core business in brake technology and enhancing its product offerings while navigating challenges such as U.S. tariffs and currency fluctuations. Group 1: Business Performance - As of August 29, 2025, Jin Qilin's stock closed at 20.25 yuan, down 3.98% from the previous week, with a total market capitalization of 3.97 billion yuan, ranking 174th in the automotive parts sector [1] - In the first half of 2025, the company reported significant growth in revenue and net profit due to increased sales of brake pads and discs, along with contributions from equity investment dividends and currency fluctuations [2][8] - The joint venture, Shandong Bo Qilin, achieved revenue of 203 million yuan in the first half of 2025, marking a 96.41% year-on-year increase, and a net profit of 17.05 million yuan, up 833.73% [8] Group 2: Strategic Initiatives - The company aims to deepen its core business by developing innovative and high-value brake products and establishing a rapid market response product planning system [1] - To address the impact of U.S. tariffs, the company is focusing on existing markets while exploring emerging markets, upgrading technology, and enhancing customer communication [1] - The company is actively expanding its overseas market presence by participating in global exhibitions and inviting clients to visit its facilities to strengthen cooperation [4] Group 3: Product Development and Market Trends - Jin Qilin is committed to responding to the trend of electric vehicles by increasing R&D investments and has already achieved original equipment supply for several domestic electric vehicle models [10] - The company has made progress in the application of high-speed rail brake pads, meeting CRCC requirements and entering the road test operation phase starting October 2024 [3][2] - The company maintains a focus on high-quality customers in the OEM market, aiming to provide cost-effective original brake products [2]