Company Overview - Jiangxi Huawu Brake Co., Ltd. focuses on the R&D, manufacturing, and sales of industrial brakes and control systems, serving leading enterprises in various sectors such as port machinery, wind power, rail transit, mining equipment, metallurgy, and marine engineering [1]. Future Business Growth Points - The company aims to concentrate on its core business of industrial brakes, shutting down non-core and unprofitable subsidiaries. The performance in the first three quarters indicates a positive trend in core business development [1]. - Key growth areas include: - **Lifting Machinery**: Emphasis on product iteration towards smart and digital solutions, enhancing core competitiveness through integrated monitoring and remote operation features [1]. - **Wind Power Market**: The demand for wind brake systems remains strong, with expectations for significant opportunities in the future, supported by the 14th Five-Year Plan [1]. - **Mining Brake Market**: The company has established a dedicated project team to focus on the mining brake sector, which has substantial market potential and limited domestic competition [2]. Production Capacity - Current production capacity is sufficient to meet existing order demands, with flexibility to adjust based on order requirements. Future capacity increases may be funded through raised capital to meet domestic market growth [3]. Aerospace Sector Development - The aerospace segment, primarily through its subsidiary Ande Technology, has established strong partnerships with major domestic aerospace manufacturers. However, recent industry changes have posed challenges [4]. - The company is actively seeking new growth avenues in aerospace, including expanding into sheet metal and space-related businesses [4]. Commercial Aerospace Initiatives - The company is positioning itself in the commercial aerospace sector, leveraging its existing aerospace technology and manufacturing experience to develop core components [5]. - Current efforts include establishing customer connections for future orders, although the commercial aerospace business is still in its early stages and poses various risks related to technology and market acceptance [5]. Disclosure Information - The investor relations activity did not involve any undisclosed significant information [6].

Core Viewpoint - Jiangxi Huawu Brake Co., Ltd. reported a revenue of 627 million yuan for the first half of 2025, a year-on-year increase of 12.41%, with a net profit attributable to shareholders of 16.89 million yuan, indicating a stable growth amidst market challenges [2] Group 1: Business Performance - The company achieved a 17.42% year-on-year increase in sales revenue from its industrial brake segment, with net profit rising by 89.61% during the reporting period [3] - The company has successfully transformed from a single product supplier to a system service provider, expanding its business scope across various sectors including port machinery, metallurgy, mining, marine engineering, wind power, and rail transportation [3][4] Group 2: Market Expansion and Product Development - The company is actively increasing its presence in the domestic market for mining heavy trucks, with significant potential for its newly developed HSPA65 wet brake product [4] - The company is focusing on high-end market positioning and expanding its business footprint from port machinery to multiple sectors, aiming to strengthen its market share in emerging fields like rail transportation [4] Group 3: Technological Innovation - The company has maintained a leading position in technology by continuously upgrading traditional products and developing new ones, including a thin electromagnetic brake for humanoid robots [6][7] - The company has established a comprehensive range of friction material preparation technologies, enhancing product quality and competitive advantage in the high-end brake system market [7] Group 4: Future Outlook - The company is expected to benefit from new policy incentives in the heavy lifting and transportation equipment market, with increasing demand for intelligent braking systems in automated port construction [7] - The trend towards larger vessels is driving the need for updated heavy-duty port machinery, while the acceleration of green port construction is creating new growth opportunities for the company [7]