Core Insights - The company reported a significant decline in revenue and net profit for the first half of 2025, with revenue at 402 million yuan, down 28.3% year-on-year, and net profit attributable to shareholders at 2.62 million yuan, down 96.05% [2][3] Financial Performance - Revenue for the reporting period was 401,685,126.74 yuan, compared to 560,223,882.87 yuan in the same period last year, reflecting a decrease of 28.30% [3] - Total profit for the period was 7,677,913.12 yuan, down 89.54% from 73,409,912.56 yuan year-on-year [3] - The net profit attributable to shareholders was 2,615,690.00 yuan, a decrease of 96.05% from 66,291,160.49 yuan in the previous year [3] - The net profit after deducting non-recurring gains and losses was 2,458,840.08 yuan, down 96.02% from 61,849,073.43 yuan year-on-year [3] - The net cash flow from operating activities was 7,580,169.03 yuan, a decline of 95.10% compared to 154,730,644.83 yuan in the previous year [3] - The net assets attributable to shareholders at the end of the reporting period were 1,383,041,422.23 yuan, a slight decrease of 0.61% from the previous year [3] - Total assets increased by 3.31% to 2,921,923,751.43 yuan compared to 2,828,300,304.29 yuan at the end of the previous year [3] Strategic Focus - The company is actively pursuing an industrial structure upgrade strategy, optimizing traditional LED production capacity, and focusing resources on core areas such as semiconductor and new display packaging technology [4] - The company has developed key technologies in semiconductor and new display packaging, including high-speed precise motion control and intelligent sorting for Mini/MicroLED wafers, which enhance production efficiency and reduce labor costs [4] - In the lithium battery equipment sector, the company has mastered several core technologies that improve equipment stability and product quality [4] Research and Development - The company has increased its R&D investment to 44.88 million yuan, up 3.37% year-on-year, laying a solid foundation for future market development [5] - During the reporting period, the company obtained 35 new patents and 6 software copyrights, demonstrating its commitment to innovation [5] - The company is recognized as a domestic leader in developing intelligent manufacturing equipment for Mini LED production, with its technology indicators at the forefront of the industry [5]