Group 1 - The company has made progress in technology reserves in the field of low-altitude economy, specifically in drone blasting [2] - The company has applied digital technology in drone blasting operations, utilizing infrared thermal imaging scanners and 3D laser scanning systems, along with self-developed eblast 3D blasting design software to enhance reliability and accuracy in blasting design [2] - The company collaborates with key research institutions such as the National Key Laboratory of Fine Blasting and Wuhan University of Technology, focusing on industry technology frontiers and promoting green, digital, and intelligent production in open-pit mining [2]

Core Viewpoint - The company has made significant advancements in drone blasting technology, integrating various high-tech equipment to enhance the reliability and accuracy of blasting design [1] Group 1: Technological Developments - The company has developed a certain level of technological reserves in the field of drone blasting [1] - Drones equipped with infrared thermal imaging scanners and 3D laser scanning systems are being utilized in blasting operations [1] - The company has created its own eblast 3D blasting design software, which allows for real-time geographic information collection [1] Group 2: Collaborative Efforts - The company is engaged in industry-academia-research collaborations with key institutions such as the National Key Laboratory of Fine Blasting and Wuhan University of Technology [1] - The focus of these collaborations includes enhancing talent exchange, tackling major research projects, and incubating technological achievements [1]

Core Viewpoint - Guangdong Hongda reported significant growth in its half-year performance, indicating strong operational momentum and profitability improvements [2]. Financial Performance - The company achieved approximately 9.15 billion yuan in revenue for the first half of 2025, representing a year-on-year increase of 63.83% [2]. - Net profit attributable to shareholders was around 504 million yuan, reflecting a year-on-year growth of 22.05% [2]. - Basic earnings per share reached 0.6687 yuan, which is a 22.23% increase compared to the previous year [2].

Group 1 - The core viewpoint of the article highlights the significant opportunities arising for companies in the hydropower industry chain, particularly for blasting companies like Yipuli, as major hydropower projects in Tibet commence [1] - Yipuli, established in 1993 alongside the Three Gorges Project, has become a leading expert in hydropower blasting, completing nearly 70% of the blasting work for the Three Gorges Project [1][2] - The construction of the Three Gorges permanent ship lock marked a turning point for Yipuli, which undertook the excavation of approximately 40 million cubic meters of earth and rock, showcasing its advanced blasting techniques [2] Group 2 - Yipuli achieved a 100% quality acceptance rate and an 82.6% excellent rate for the first phase of the Three Gorges permanent ship lock excavation, meeting all design requirements [3] - In 1999, Yipuli contributed to the Three Gorges Project by supplying sand and gravel, while also innovating a blasting block size prediction model based on neural networks, enhancing the precision of excavation quality control [4] - The introduction of on-site mixed loading explosives for underground blasting marked a significant advancement for Yipuli, allowing for effective blasting in complex underground structures [5] Group 3 - Yipuli's innovative techniques, such as the VCR mining method, enabled the safe and rapid penetration of key water diversion shafts, significantly reducing construction time [6] - In 2006, Yipuli undertook the demolition of the Three Gorges Project's RCC cofferdam, achieving record-breaking results in total demolition volume, total explosive quantity, and total segment count [7] - The successful application of digital electronic detonator technology during the demolition of the cofferdam underscored Yipuli's capability to tackle complex engineering challenges, solidifying its position as a leader in the hydropower blasting industry [7]