Financial Performance - The company reported a revenue of 284 million yuan for the first half of 2025, a year-on-year decrease of 14.53% [1] - The net profit attributable to shareholders was -2.23 million yuan, compared to a profit of 25.98 million yuan in the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -12.92 million yuan, down from 6.89 million yuan year-on-year [1] - The net cash flow from operating activities was 6.25 million yuan, an improvement from -43.51 million yuan in the previous year [1] Previous Year Performance - In 2024, the company achieved a revenue of 719.59 million yuan, a decline of 18.58% year-on-year [1] - The net profit attributable to shareholders was -12.89 million yuan, a significant drop of 112.60% compared to the previous year [1] - The net profit after deducting non-recurring gains and losses was -37.16 million yuan, down 151.37% year-on-year [1] - The net cash flow from operating activities was -11.26 million yuan, a decrease of 106.23% year-on-year [1] IPO and Fundraising - The company raised a total of 746 million yuan from its initial public offering, with a net amount of 696 million yuan after deducting issuance costs [2] - The final net fundraising amount exceeded the original plan by 19.20 million yuan [2] - The funds raised are intended for manufacturing center upgrades, R&D center construction, marketing network expansion, and working capital [2] Stock Issuance and Dividends - In May 2021, the company announced a stock bonus of 5 shares for every 10 shares held, along with a pre-tax dividend of 2 yuan [2] - In May 2022, the company announced a stock bonus of 4 shares for every 10 shares held, also with a pre-tax dividend of 2 yuan [2] Listing Information - The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on November 12, 2020, with an initial issuance of 30 million shares at a price of 24.87 yuan per share [1] - The highest price recorded on the first day of trading was 83.60 yuan [1]