Core Viewpoint - The company has shown significant improvement in its financial performance in the first half of the year, driven by its strategic focus on traditional strengths in the petrochemical equipment sector and accelerated development in new energy equipment, particularly in hydrogen and solar thermal storage technologies [1][2]. Financial Performance - In the first half of the year, the company achieved a revenue of 412 million yuan, representing a year-on-year growth of 20.78% [1]. - The net profit attributable to shareholders was 20.9463 million yuan, marking a turnaround from losses in the previous year [1]. Strategic Developments - The company has made significant strides in overseas markets, establishing subsidiaries in Saudi Arabia, Dubai, and Morocco, which serve as key points for expanding its international presence [2]. - The company has secured landmark orders in overseas oil and gas fields, energy storage and transportation equipment, and solar thermal storage, with the contribution from overseas markets steadily increasing [2]. Mergers and Acquisitions - The company has acquired 100% of Shanghai Lanya Petrochemical Equipment Testing Co., Ltd. and 51% of China Air Separation Engineering Co., Ltd., which will enhance its capabilities in the energy equipment sector [2][3]. - These acquisitions aim to create a comprehensive solution capability in energy equipment, covering design, manufacturing, construction contracting, operation, and testing services, thereby strengthening the company's core competitive advantages [3]. Future Development Plans - The company plans to deepen its traditional market advantages, accelerate the layout of new energy equipment, expand overseas markets, and increase R&D investment [3]. - The company will also focus on enhancing its ESG framework, promoting green manufacturing, and fulfilling social responsibilities to improve sustainable development capabilities [3].