Group 1 - The core viewpoint of the news is that the company Jiao Cheng Ultrasonic is experiencing improvements in gross profit margin due to changes in product structure and enhanced management efficiency, with a focus on the semiconductor advanced packaging sector [1] - Jiao Cheng Ultrasonic has received orders and has begun mass shipments of various ultrasonic equipment, indicating a positive trend in their business operations [1] - The company has a strong R&D team, which provides a competitive advantage and core competencies in the market [1] Group 2 - The company has seen a recovery in orders for its new energy battery equipment business after facing challenges last year [1] - Ultrasonic welding equipment is being utilized for solid-state battery ear welding, with small batch orders already delivered [1] - The company is expanding its applications of ultrasonic technology across various sectors, including new energy batteries, wiring harness connectors, and semiconductors [1]

Core Viewpoint - The company, Jiao Cheng Ultrasonic, reported significant growth in revenue and profit for the first half of 2025, driven by increased sales in ultrasonic equipment for new energy batteries and connector applications [1][2]. Financial Performance - The company achieved operating revenue of 323 million yuan, a year-on-year increase of 32.50% [1]. - Profit before tax reached 60.71 million yuan, with net profit attributable to shareholders at 58.04 million yuan, reflecting a substantial year-on-year growth of 1005.12% [1]. Business Development - The revenue growth was attributed to the increase in sales of ultrasonic welding equipment and components, particularly in the new energy and semiconductor sectors [1][3]. - The company has been actively promoting ultrasonic welding monitoring systems to address challenges in battery welding, with related equipment achieving bulk shipments during the reporting period [1]. Product Innovation - Jiao Cheng Ultrasonic launched a vibration monitoring system for terminal welding quality in the connector field, addressing shortcomings in traditional quality management [2]. - The company received formal orders for advanced ultrasonic scanning microscopes and ultrasonic die bonding machines in the semiconductor advanced packaging sector [2]. Research and Development - R&D investment amounted to 75.58 million yuan, a 5.46% increase year-on-year, representing 23.41% of the operating revenue [2]. - The company increased its R&D personnel to 318, accounting for 37.54% of total employees, with a 10.03% increase in new R&D staff compared to the previous year [2]. Incentive Mechanism - The company completed the grant of reserved restricted stock to incentive objects under the 2024 restricted stock incentive plan, with a grant date set for March 31, 2025, for up to 645,300 shares [2].

Core Viewpoint - The company, Jiao Cheng Ultrasonic, reported significant growth in revenue and net profit for the first half of 2025, driven by increased sales in ultrasonic equipment for the new energy battery and connector sectors. Financial Performance - The company achieved operating revenue of 323 million yuan, a year-on-year increase of 32.50% [1] - The total profit reached 60.71 million yuan, with a net profit attributable to shareholders of 58.04 million yuan, reflecting a remarkable year-on-year growth of 1005.12% [1] Business Operations - Jiao Cheng Ultrasonic specializes in ultrasonic technology solutions, focusing on the research, design, production, and sales of ultrasonic welding, cutting, and testing equipment [1] - The company’s products are primarily used in the new energy and semiconductor sectors, including ultrasonic welding equipment for new energy batteries and connector welding [1] Product Development and Innovation - The company has enhanced its ultrasonic welding vibration monitoring systems and laser welding quality monitoring systems to address challenges in new energy battery welding [1] - In the connector field, the company introduced a vibration monitoring system for terminal welding, which addresses shortcomings in traditional quality management [2] - The company successfully delivered advanced ultrasonic scanning microscopes for semiconductor packaging and received formal orders for ultrasonic bonding machines [2] Research and Development - Research and development expenditures amounted to 75.58 million yuan, representing a 5.46% increase year-on-year and accounting for 23.41% of operating revenue [2] - The company has been actively recruiting high-end professionals in the semiconductor field, with R&D personnel now comprising 37.54% of the total workforce [2] Incentive Mechanism - The company completed the grant of reserved restricted stock under the 2024 incentive plan, with a grant date set for March 31, 2025, for up to 60 individuals [3] Market Opportunities - The company is leveraging the recovery in demand within the lithium battery industry and is expanding its business in the connector and semiconductor sectors [3]