Core Viewpoint - Changhong Meiling Co., Ltd. reported a 20.80% increase in operating income for the first half of 2025 compared to the same period last year, indicating strong financial performance despite a slight increase in net profit attributable to shareholders of only 0.26% [1][2]. Financial Performance - Operating income for the current period reached RMB 18,071.52 million, up from RMB 14,959.35 million in the same period last year [1]. - Net profit attributable to shareholders of the listed company was RMB 417.19 million, a marginal increase from RMB 416.09 million year-on-year [1]. - Net cash flow from operating activities decreased by 50.24% to RMB 1,360.57 million compared to RMB 2,728.23 million in the previous year [1]. - Basic and diluted earnings per share were both reported at RMB 0.4030, showing a slight decrease of 0.27% from the previous year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 68,212, with no preference shareholders reported [2][4]. - Major shareholders include Sichuan Changhong Electric Co., Ltd. and CHANGHONG (HK) TRADING LIMITED, both of which are state-owned entities [2][3]. Significant Events - The company approved a profit distribution plan for 2024, proposing a cash dividend of RMB 3.3 per 10 shares, totaling approximately RMB 339.87 million, which is 48.60% of the net profit attributable to shareholders [4]. - A share repurchase plan was approved, with a budget of RMB 150 million to RMB 300 million for repurchasing A-shares at a price not exceeding RMB 10.67 per share [4]. - The company appointed Mr. Wang Xiaocheng as vice president and Mr. Yang Bing as financial director, effective from the date of board approval [5][6].