Group 1 - The company achieved operating revenue of 48.45 million yuan and a net profit attributable to shareholders of 21.86 million yuan in the first half of 2025, with a return on equity (ROE) of 2.39% [1] - The net cash flow from operating activities reached 48.69 million yuan, representing a year-on-year growth of 101.99% [1] - The company is a leading provider of rail safety measurement and control equipment and technology solutions in China, with its products used for detecting the geometric state, surface quality, and structural components of railways [1] Group 2 - There is a growing demand for integrated products that combine various railway infrastructure detection functions due to the railway sector's shift towards specialized maintenance and centralized operations [2] - The company has developed an integrated platform for rail inspection, aiming to reduce detection costs and improve efficiency [2] - The company has participated in precision measurement and adjustment projects for several major railways, accumulating extensive experience in both new and operational lines [2] Group 3 - As of June 30, 2025, the company holds 84 authorized patents, including 34 invention patents, 48 utility model patents, and 2 design patents, along with 25 software copyrights [3] - The rail traffic measurement and control industry is characterized by a stable competitive landscape, with significant entry barriers requiring strong R&D capabilities and advanced technology [3] - The company's core business, the rail geometric state measurement system, achieved a gross margin of 72.08%, an increase compared to the same period last year [3]