Core Insights - In the first half of 2025, the company achieved revenue of 6.241 billion yuan, a year-on-year increase of 7.66%, and a net profit of 602 million yuan, a significant growth of 34.41%, both reaching historical highs [2] - The company announced a mid-term dividend plan, proposing a cash dividend of 1 yuan per 10 shares, totaling 243 million yuan, which accounts for 40.40% of the net profit attributable to shareholders [2] - The company's two main business divisions, BHM and EVBG, both experienced revenue growth, contributing to the overall performance despite challenges in the industry [2] BHM Division Performance - The BHM division reported a revenue of 3.806 billion yuan, reflecting a year-on-year growth of 10.28% [3] - The company’s smart factory in Zhongshan was recognized as an advanced intelligent factory by the Guangdong Provincial Department of Industry and Information Technology, highlighting its successful integration of lean thinking and digital technology [3] - The company optimized its global production capacity, enhancing its factories in Mexico and Morocco, and initiated construction of a new facility in Indiana, USA, to mitigate risks from trade tensions [3] EVBG Division Performance - The EVBG division's revenue from the new energy vehicle powertrain system reached 725 million yuan, a year-on-year increase of 5.73% [4] - The vehicle rotating electrical equipment business generated revenue of 1.657 billion yuan, up 5.92%, achieving a historical best [4] - The division successfully established a global production network, with new plants in Thailand and Chongqing, and ongoing construction in Morocco, enhancing local support for strategic customers [4] Focus on Emerging Technologies - The company is actively investing in robotics and hydrogen energy sectors, leveraging its core technology in motor drives [5] - In robotics, the company has made significant progress through self-research, academic collaboration, and strategic investments, including the establishment of a joint research center with Tongji University [5] - In the hydrogen energy field, the company is developing key materials and technologies for solid oxide fuel cells, achieving stable integration of metal-ceramic interfaces and mastering the full production process of single cells [5] Future Outlook - With ongoing improvements in global production capacity and smart manufacturing, the company is expected to strengthen its leading position in the motor and drive system sector [5] - Strategic investments in robotics and hydrogen energy are anticipated to create new growth engines for the company [5]