Group 1: Company Overview and Strategy - The company is actively engaged in the controllable nuclear fusion industry, leveraging national policy support and focusing on technological innovation to drive growth [2][3] - The company has established deep cooperation with suppliers for core raw materials, ensuring supply chain stability and independence [3] - The company operates multiple industrial parks across various locations, employing over 3,000 staff members [3] Group 2: Financial Performance - The subsidiary Ningbo New容 contributes less than 3% to the overall revenue for the fiscal year 2024, indicating a minimal short-term impact on the company's financial performance [3] - The plastic packaging business achieved revenue of approximately 640 million yuan in the first half of 2025, reflecting a year-on-year growth of 21.22% with a gross margin of 17.41% [5] Group 3: Business Segments and Future Outlook - The military electronics segment, represented by the subsidiary Wuhan Zhongdian Huarui, generated approximately 44.53 million yuan in revenue in the first half of 2025 [5] - The company aims to optimize its business structure and enhance R&D capabilities in the military electronics sector while expanding the production scale of film capacitors [5] - The company emphasizes a sustainable development strategy focused on quality business and diversified growth to create long-term value for shareholders [5]