Group 1 - The company reported a revenue of 354 million yuan for the first half of 2025, showing a stable increase compared to the same period last year [2] - The net profit attributable to the parent company for the first half of 2025 was 24.05 million yuan, with a net profit of 16.15 million yuan after deducting non-recurring gains and losses [2] - As of the end of the reporting period, the company had an order backlog of approximately 851 million yuan, providing strong support for future performance [3] Group 2 - The company's smart power products business is its largest revenue-generating segment, primarily receiving contracts from State Grid and Southern Power Grid [3] - The revenue from smart power products decreased compared to the same period last year due to a slowdown in product delivery schedules and a decline in tender prices [3] - The company has made progress in expanding its overseas business, establishing a wholly-owned subsidiary in Singapore and achieving market penetration in Central Asia, West Asia, and Southeast Asia [3]