Core Viewpoint - Beijing Junzheng achieved a net profit attributable to shareholders of 203 million yuan in H1 2025, representing a year-on-year increase of 2.85% [1] - The company is advancing its AI technology layout, with new products in computing chips and storage chips expected to drive future growth [1] Financial Performance - In Q2, the net profit attributable to shareholders was 129 million yuan, showing a year-on-year increase of 17.22% and a quarter-on-quarter increase of 74.83% [1] - The revenue growth indicates market resilience [1] Product Development - The new computing chip T33 has been launched, targeting the H.265 security market, with T42 expected to be launched in 2026 to support edge AI demand [1] - In the storage chip sector, DRAM products based on 20nm/18nm/16nm processes are being sampled, with improved cost-performance expected to drive a new growth cycle [1] - The introduction of automotive-grade LED drivers and interconnect chips enhances competitiveness in the automotive electronics market [1] Strategic Focus - The gradual application of RISC-V architecture CPU cores is part of the company's strategy [1] - The "computing + storage + analog" strategy aims to deepen the company's presence in the automotive, industrial, and consumer electronics sectors, with promising future performance elasticity [1]