Core Insights - The company reported a revenue of 3.393 billion yuan for the first half of 2025, representing a year-on-year growth of 7.70% [1] - The net profit attributable to the parent company was 45 million yuan, showing a significant increase of 32.33% year-on-year [1] - The net cash flow from operating activities reached 52 million yuan, marking a substantial growth of 218.12% [1] Business Overview - The company focuses on engineering consulting and construction, engaging in six main business areas: surveying and design, project management, testing and inspection, construction, comprehensive maintenance, and new engineering materials [1] - The strategic upgrade emphasizes expanding scale and profit, with a focus on urban renewal, water conservancy construction, and new energy infrastructure [1][2] - The company achieved a breakthrough in overseas business in Southeast Asia, successfully landing its first project in Thailand with a contract value exceeding 10 million yuan [2] Contract and Growth Performance - The company signed new contracts worth 5.050 billion yuan during the reporting period, reflecting a robust year-on-year growth of 48% [2] - The engineering construction segment, which includes construction, comprehensive maintenance, and engineering materials, saw a remarkable increase in new contracts amounting to 4.593 billion yuan, up 56% year-on-year [2] - The growth in new contracts is largely attributed to the parent company's active land reserve expansion, which effectively boosted related business demand, accounting for 88% of the total new contracts [2] Strategic Collaborations - The company is actively integrating into the "coordinated development ecosystem" of the parent group, successfully acquiring business from other industry groups, excluding real estate [1] - New collaborative business includes sales of construction materials for high-end decoration, specialized construction of curtain walls and aluminum alloy doors and windows, and value-added services for end consumers in home decoration [1]