Group 1: Report Overview - Report research company: Wujin Stainless [17] - Industry: Steel industry [2] - Research date: September 10, 2025 [17] Group 2: Research Details 1. Detailed Research Institutions - Reception object: Shanghai Stock Exchange Service Pass registered investors [20] - Reception object type: Others [20] 2. Research Institution Proportion - No specific content provided 3. Main Content - The company held a performance briefing on September 10, 2025, to communicate on investors' concerns [24] - Product advantages: The company's products have rich specifications, including seamless pipes and welded pipes, covering various calibers and wall - thicknesses. It has over 300 sets of advanced production equipment and over 230 sets of testing instruments. It has a competitive edge in the mid - high - end market [24] - Business strategy: The company is consolidating existing business, expanding overseas markets, strengthening import substitution, exploring new product application scenarios, and enhancing internal management [25] - First - half profit: In the first half of 2025, the company's operating income was 1.121 billion yuan, a year - on - year decrease of 26.82%. Net profit attributable to shareholders was 75.4975 million yuan, a year - on - year decrease of 46.05%. Net profit after deducting non - recurring gains and losses was 68.4806 million yuan, a year - on - year decrease of 48.15% [26]