Core Viewpoint - Tianbao Group (01979) reported a mid-year performance for 2025, showing a revenue of approximately HKD 2.948 billion, a year-on-year increase of 19.3% [1] Financial Performance - Revenue increased to approximately HKD 2.948 billion, up 19.3% year-on-year [1] - Gross profit rose by 4.9% to HKD 527 million [1] - Profit attributable to shareholders was about HKD 212 million, reflecting a year-on-year increase of 20.4% [1] - Earnings per share stood at HKD 0.21, with an interim dividend of HKD 0.062 [1] Business Segments - The growth in revenue was primarily driven by the industrial power supply and new energy sectors [1] - The company is a leader in smart power solutions, integrating AI application technology into production equipment [1] Strategic Initiatives - Development of core components for AI hardware, including smart controllers and charging solutions, aims to enhance the AI industry chain [1] - The company plans to strengthen production capacity layout and automation equipment across its factories [1] - Optimization of global supply chain management is intended to improve operational efficiency and respond agilely to market changes [1]

Core Insights - Tianbao Group (01979) reported a mid-year performance for 2025 with revenue of approximately HKD 2.948 billion, representing a year-on-year increase of 19.3% [1] - Gross profit increased by 4.9% to HKD 527 million, while profit attributable to shareholders rose by 20.4% to approximately HKD 212 million [1] - Earnings per share stood at HKD 0.21, with an interim dividend of HKD 0.062 [1] Revenue Growth Drivers - The revenue growth was primarily driven by the contributions from the industrial power supply and new energy sectors [1] Technological Advancements - As a leader in smart power solutions, the company integrates AI application technology into production equipment and develops core components for AI hardware, such as smart controllers and charging solutions [1] - The company aims to enhance production capacity and efficiency through AI technology, providing high-end technical support to downstream customers for rapid integration of AI developments [1] Operational Strategy - The company plans to strengthen the capacity layout and automation of its factories, optimizing global supply chain management to improve operational efficiency [1] - This strategy is designed to enable the company to respond agilely to market changes and further drive business expansion and growth objectives [1]