Core Viewpoint - The company is focused on enhancing its core competitiveness and expanding into emerging industries while maintaining high-quality development and investor interests. Group 1: Business Development and Innovation - The company reported a net profit attributable to shareholders of 26,041,392.39 yuan, a year-on-year decrease due to increased R&D testing expenses [1] - In the wind power sector, the company has established partnerships with several domestic and international firms, including a collaboration with Siemens Gamesa and a memorandum with India's Adani for developing a recyclable wind farm [2] - The company has successfully developed and shipped the first domestic recyclable thermosetting resin blade, marking a significant step in industrial application [2] - In the low-altitude economy, the company’s high-performance composite materials were used in the first 700kg class all-composite light sports aircraft, which successfully completed its maiden flight [2] - The company’s product SWANCOR HYVER has received certifications and can help clients reduce costs by 10% to 15% [2] - The company plans to host a "Green Transformation Forum" in Shanghai to promote recyclable products [3] Group 2: R&D Investment and Product Structure - The company increased its R&D investment to 21,493,200 yuan in the first half of 2025, a 41.63% increase year-on-year [3] - Ongoing projects include the development of resin formulations for low-altitude economy applications and recyclable thermosetting resin formulations, which have entered mass production [3] Group 3: Internal Management and Governance - The company is implementing refined management practices to enhance sustainable development capabilities and improve production efficiency [4] - The company has initiated a special revision of its governance structure to comply with the latest regulatory requirements, including integrating the supervisory board's functions into the audit committee [5] - The company held various meetings to enhance governance, including one shareholders' meeting and six board meetings in the first half of 2025 [5] Group 4: Investor Relations and Communication - The company emphasizes cash dividends as a primary profit distribution policy, distributing 0.31 yuan per share to shareholders, totaling 12,504,213.57 yuan [7] - The company is committed to transparent information disclosure, ensuring all investors have equal access to company information [8] - An investor event was held where over twenty small investors visited the company’s factory to learn about its development and innovations [8] Group 5: ESG and Sustainable Development - The company is focused on enhancing its ESG management and has received an "A" rating from domestic ESG rating agencies [6]