Core Viewpoint - Huazhong CNC continues to deepen its focus on high-end CNC systems and industrial robots, achieving a revenue of 554 million yuan in the first half of 2025 [1] Group 1: Business Performance - The company has significantly increased its revenue in the high-end CNC machine tool sector, particularly through the development of five-axis machining centers and five-axis turning-milling composite products [1] - Huazhong CNC has established collaborations with companies like Wuzhong Machine Tool and Tianshui Xinghuo to jointly develop various types of five-axis machine tools for key sectors such as automotive parts and laser processing [1] Group 2: Technological Advancements - The company launched the world's first intelligent CNC system, Huazhong 10, embedded with AI chips and AI models, which enhances processing efficiency by over 10% and achieves fault diagnosis at a level equivalent to a three-year experienced engineer [1] - Huazhong CNC is competing with international brands and has achieved large-scale applications in East and South China regions, leveraging its self-developed Huazhong 8 high-performance CNC system [1] Group 3: Research and Development - The company maintains a high level of investment in technology, with R&D expenditures averaging 20.90% of revenue from 2022 to 2024, and 32% of revenue in the reporting period, amounting to 175 million yuan [2] - Huazhong CNC employs a "develop one generation, produce one generation, operate one generation" strategy, establishing a solid development gradient and iteration mechanism for timely conversion of new technologies into product applications [2] - As of the end of the reporting period, the company has accumulated over 2,000 patents and software copyrights [2]