Financial Data and Key Metrics Changes - Revenue for the first half reached approximately RMB 2.63 billion, representing a 20.9% increase compared to the same period last year [1] - Profit attributable to equity holders reached approximately RMB 117 million, a significant increase of 55.9% year on year [1][3] - Free cash flow was approximately RMB 117 million, down 12.3% year on year, but maintaining a healthy level [2] Business Line Data and Key Metrics Changes - Revenue in the mature business segment, oilfield technical services, showed strong growth, contributing to the overall revenue increase [3] - New business ventures expanded into oil and gas development, natural gas utilization, and AI-enabled operations, stabilizing the integrated service model [4] Market Data and Key Metrics Changes - In Iraq, the company achieved comprehensive coverage, establishing a business ecosystem that enhances market influence [5] - The company successfully entered the Southeast Asian market with a customized natural gas commercialization project in Malaysia [5] Company Strategy and Development Direction - The company aims to build a leading global green energy technology services company, focusing on sustainable growth and operational efficiency [9][10] - A dual strategy of dividend distribution and share buybacks has been adopted to enhance shareholder value [7] - The company plans to establish Dubai as its global headquarters and operational hub, with various centers in Egypt, India, Mainland China, and Hong Kong to support global deployment [6] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of early indicator management to drive sustainable corporate growth and enhance predictability in revenue realization [12] - The company remains committed to improving operational efficiency and generating healthy cash flow while focusing on emerging markets for long-term growth [9][24] Other Important Information - The company was honored as a China excellence management company and selected for the S&P sustainable yearbook China edition 2025, recognizing its management capabilities and sustainability efforts [8] - The company has reduced its total US dollar debt to zero, optimizing its financial structure [2] Q&A Session Summary Question: Can management provide a detailed introduction about the company's ten-year growth strategy? - Management clarified that the strategy is a five-year plan aiming for tenfold growth, focusing on improving development and utilization efficiency for customers [17][19] Question: What is the input and timeline for the return of new businesses? - Management stated that the natural gas utilization will follow a life asset development strategy, focusing on technology input rather than capital [29] Question: What is the outlook for orders in the second half of the year? - Management indicated that orders are larger and longer-term compared to the previous year, which will enhance profit predictability [33] Question: What is the reason for the decrease in gross margin? - Management noted that the decrease in gross margin is temporary, attributed to expansion into new markets and lower-margin services, but expects stabilization in the future [36]