Core Viewpoint - Huada Technology (603358) reported a revenue of 2.868 billion yuan for the first half of 2025, marking a year-on-year increase of 22.48%, and a net profit attributable to shareholders of 199 million yuan, up 21.17% year-on-year [1] Group 1: Financial Performance - The company's revenue from the new energy vehicle components business reached 780 million yuan, reflecting a year-on-year growth of 8.18%, accounting for 28.58% of the total revenue [1] - The overall performance remained stable despite challenges from "de-globalization" and domestic competition, with a focus on optimizing customer structure and exploring new client resources [1] Group 2: Business Operations - In the fuel vehicle stamping and welding components sector, the company maintained stable market share despite the impact of new energy vehicles on the fuel vehicle market [2] - The company expanded its production capacity and enhanced efforts in developing quality customers in the new energy vehicle components sector, establishing close business relationships with major domestic battery manufacturers [2] - The successful completion of a share issuance and cash payment for asset acquisition allowed the company to gain full control of Jiangsu Hengyi, enhancing asset control and profitability, and solidifying its core competitiveness in the new energy industry chain [2]