Core Viewpoint - The company reported steady growth in sales revenue and performance in the first half of 2025, benefiting from the increasing demand in the domestic semiconductor market, with total operating revenue reaching 655 million yuan, a year-on-year increase of 19.52% [1] Group 1: Financial Performance - The company achieved a net profit attributable to shareholders of 106 million yuan in the first half of 2025, slightly down from the same period last year, primarily due to capacity expansion efforts that have not yet fully materialized [1] - The company’s revenue growth is supported by ongoing investments in production capacity, including new production lines and upgrades [1] Group 2: Capacity Expansion and Projects - The new production line at the second processing center (Jiangsu Xianjie) has been successfully put into operation, contributing positively to production capabilities [1] - The second precision manufacturing plant, covering an area of 30,000 square meters, is on track for completion in September 2025, which will significantly enhance the company's production capacity for precision components [1] - The Wuxi Xianyan fundraising project commenced construction in the first quarter of this year and is expected to be completed in 2026, further strengthening the company's overall manufacturing capabilities [1] Group 3: Strategic Acquisitions and R&D - In March 2025, the company completed the acquisition of 100% equity in Wuxi Zhichen for 12 million yuan through its wholly-owned subsidiary, effectively enhancing its core capabilities in surface treatment [1] - The company continues to deepen its focus on the semiconductor equipment components sector while exploring new products in medical and aerospace fields, actively pursuing a second growth curve [2] - The company has invested 34.49 million yuan in R&D during the reporting period, a year-on-year increase of 7.29%, with new projects including the development of semiconductor module assembly processes and precision components for semiconductor lithography equipment [2] Group 4: Industry Position and Collaborations - The company is recognized as one of the influential players in the domestic semiconductor equipment precision components industry and is among the few manufacturers capable of mass-producing key components for 7nm and below domestic etching equipment [2] - In the first half of 2025, the company continued to deepen collaborations with leading domestic semiconductor equipment firms such as Zhongwei and Beifang Huachuang, receiving high recognition from major clients for its products [2]