Core Viewpoint - The company achieved significant growth in revenue and net profit during the first half of 2025, driven by its investments in high-purity wet chemicals and a strong market position in the semiconductor industry [1][6][7]. Financial Performance - The company's operating revenue for the reporting period reached approximately 767.94 million yuan, representing a year-on-year increase of 10.68% from 693.82 million yuan [3][6]. - The net profit attributable to shareholders was approximately 69.75 million yuan, a substantial increase of 1,501.66% compared to a loss of approximately 4.98 million yuan in the same period last year [3][6]. - The net cash flow from operating activities was approximately 172.98 million yuan, showing a significant improvement from 119.73 million yuan, marking a 44.48% increase [3][4]. Shareholder Returns - The board approved a profit distribution plan, proposing a cash dividend of 0.10 yuan per 10 shares (including tax), with no bonus shares issued [1][2]. Business Segments - High-purity wet chemicals generated revenue of approximately 450.72 million yuan, a year-on-year increase of 22.49%, primarily due to sales growth in high-purity hydrogen peroxide, high-purity ammonia, and high-purity sulfuric acid [6][7]. - The company's photoresist products achieved revenue of approximately 105.87 million yuan, reflecting a year-on-year growth of 12.36% [6][7]. - Revenue from lithium battery materials decreased by 15.71% to approximately 105.02 million yuan, impacted by a decline in the price of core product NMP [7]. Market Position - The company has established itself as a leading supplier in the domestic market, supplying over twenty major semiconductor chip manufacturers and achieving a market share exceeding 40% in high-purity hydrogen peroxide [6][7]. - The company has successfully replaced international competitors in several product categories, enhancing its competitive edge in both quality and cost [6].

Group 1 - The company, Crystal Clear Electronic Material Co., Ltd., issued convertible bonds totaling RMB 523 million, approved by the board and shareholders [2][3][25] - The net proceeds from the bond issuance amounted to RMB 514.70 million after deducting underwriting fees [3][23] - The bonds have a maturity period of 6 years, with an annual interest rate starting at 0.2% in the first year and increasing to 2.0% in the sixth year [4][5][25] Group 2 - The company achieved significant operational results, breaking the long-standing technological and market monopolies of international giants in the semiconductor high-purity chemical sector [18][19] - The company reported a revenue increase of 10.44% year-on-year, reaching RMB 1.44 billion, with a significant rise in operating cash flow by 81.13% [19][20] - The company has established itself as a leading supplier in the domestic market, with over 40% market share in high-purity hydrogen peroxide [18][19] Group 3 - The company faced its first loss since listing, with a net profit attributable to shareholders of -RMB 179.59 million due to significant goodwill impairment and increased R&D expenses [20][21] - R&D expenses grew by 39.74%, reflecting the company's commitment to innovation and product development [21][22] - The company maintains a strong competitive position in the industry, with no significant adverse changes in its core business or market conditions [21][22] Group 4 - The company has a robust plan for utilizing the raised funds, focusing on high-end product development and capacity expansion [23][24] - The company has adjusted the implementation of certain projects to optimize resource allocation and achieve strategic business integration [23][24] - The company has not provided any guarantees for the bonds, which may increase repayment risks if significant negative events occur [25]