王华杰在会上给出一组数据：松江全区规上工业企业数量1758家，连续多年保持全市第一，属地规上工业产值全市第二。累计培育国家级专精特新"小 巨人"企业99家、市级"专精特新"企业1533家，认定企业技术中心369家。进出口总额位居全市第二，认定外资研发中心83家，数量占全市1/10，AEO企业数 量居全市第二。 坚持新质先行、产业集聚。松江区着力构建"2+4"现代化产业体系，做大做强以智能终端、智算服务、卫星互联网为引领的新一代信息技术，以新能源 电力装备、仪器仪表为代表的高端装备2个千亿级主导产业，积极发展先进材料、生命健康、时尚消费品、文旅影视4个百亿级特色产业。坚持市区协同，打 造商业卫星及终端应用、仪器仪表、6G等新质产业集聚区。放权赋能推动国家级松江经开区高质量发展，引领市级工业园区改革创新，设立全市首家空运 前置货站，一体推进营商环境优化、招商引资提速和企业服务升级。 坚持两业融合、协同发力。"十四五"时期服务业规模实现翻番增长，预计将突破千亿元。积极培育服务型制造新模式，获评国家级服务型制造示范城 市、国家级中小企业数字化转型试点城市，国家级智能工厂数量位居全市前列，创建3个市级服务业创新发展示范 ...

Core Viewpoint - Jiangsu Huachen (603097) reported significant growth in its 2025 semi-annual results, driven by the rapid development of the new energy power equipment industry and strategic capacity upgrades [1][2]. Financial Performance - The company's revenue reached 938 million yuan, a year-on-year increase of 40.46% - Net profit attributable to shareholders was 47.27 million yuan, up 18.37% year-on-year - Net profit excluding share-based payment effects was 55.88 million yuan, reflecting a 40.37% increase year-on-year - Basic earnings per share were 0.29 yuan, a 16.23% increase year-on-year - In Q2, revenue was 649 million yuan, showing a substantial quarter-on-quarter growth of 124.57% - Net profit for Q2 was 26.61 million yuan, with a quarter-on-quarter increase of 28.73% [1]. Business Strategy - The company is actively seizing opportunities in the new energy power equipment sector, focusing on capacity upgrades and global expansion as dual drivers for strategic breakthroughs - The revenue share from the new energy sector increased significantly from 28.51% in H1 2023 to 50.98% in H1 2025, indicating strong market expansion and product competitiveness [1]. Project Development - To support the expansion of its new energy business, the company is accelerating the construction of a new project covering approximately 284 acres with a total investment of about 2 billion yuan - The project will be implemented in two phases, with the first phase involving an investment of 829 million yuan and a construction area of about 104,000 square meters - Upon reaching full production, the project will add significant transformer production capacities, including 10.56 million kVA for dry transformers and 1.584 million kVA for oil-immersed transformers [2]. Technological Advancements - The new project will incorporate advanced management systems such as MES and WMS to achieve fully automated production and intelligent management of transformers - Key equipment and processes will include advanced logistics systems and automated machinery, enhancing production efficiency and delivery capabilities [2]. Financing and Market Expansion - The company successfully issued 4.6 million convertible bonds, raising 460 million yuan to support the new project, reflecting market confidence in its new energy strategy - The company plans to optimize its overseas market strategy, focusing on regions such as Southeast Asia, the Middle East, Europe, Africa, and the Americas, to accelerate global market penetration [3].