Core Insights - The company reported a revenue of 168 million yuan and a net profit of 4.72 million yuan for the first half of 2025, with a significant second-quarter revenue increase of 37.83% compared to the previous quarter [1][2] - The company aims to lead the smart rebar processing equipment industry in China by focusing on original innovation and providing sustainable services throughout the product lifecycle [1] Financial Performance - In Q2 2025, the company achieved a revenue of 97.21 million yuan and a net profit of 7.98 million yuan, recovering from a loss of 3.26 million yuan in Q1 [1] - The revenue breakdown includes 89.21 million yuan from single rebar forming machinery with a gross margin of 39.54%, 44.26 million yuan from combined rebar forming machinery with a gross margin of 30.47%, and 28.55 million yuan from spare parts and others with a gross margin of 57.69% [1] Regional Performance - Domestic revenue reached 88.21 million yuan with a gross margin of 33.05%, while overseas revenue was 76.69 million yuan, marking a year-on-year growth of 39.29% [2] - The company's products are exported to over 100 countries and regions, with foreign sales accounting for 45.72% of total revenue in the first half of 2025 [2] Research and Development - The company invested 22.1 million yuan in R&D, reflecting an 11.12% increase year-on-year [2] - As of June 30, 2025, the company holds 633 valid patents, including 298 domestic invention patents and 15 international invention patents [2]