Financial Performance - In the first half of 2025, the company achieved operating revenue of 1.972 billion yuan and a net profit attributable to shareholders of 75.6815 million yuan, representing a year-on-year growth of 11.18% [1] - The basic earnings per share were reported at 0.043 yuan [1] Business Development - The company continues to focus on its core business of ultra-fine fibers and nylon 6, leading industry development [1] - The company has made breakthroughs in bio-based ultra-fine fibers, fully water-based ultra-fine fibers, and recyclable ultra-fine fibers, achieving mass production [1] - In 2024, the company was recognized as a "Outstanding Contribution Unit in China's Plastic Industry" and ranked among the "Top 50 Enterprises in China's Industrial Textile Industry" in 2023 [1] - The company invested 94.745 million yuan in research and development in the first half of the year [1] - Future plans include extending towards a high-end product system to further open up growth space [1] Subsidiary Operations - The subsidiary Weifutong is the largest mobile payment system service provider for banks in China, leveraging banks' natural advantages to increase transaction volume [2] - Weifutong serves six major state-owned banks, twelve national joint-stock banks, and nearly 200 rural commercial banks, with operations extending to over 60 countries and regions [2] - Future initiatives will focus on digitalization, online services, and scenario-based needs, providing innovative products and services to financial institutions and large enterprises [2] Product Innovation - The company specializes in the research, production, and sales of ultra-fine materials, which are designed to mimic the microscopic structure of natural leather [2] - The advanced texture of ultra-fine materials is achieved through 3D fiber and polymer polyurethane micropore structure design [2]