Core Insights - The company reported a revenue of 1.457 billion yuan for the first half of 2025, a year-on-year decline of 16.10%, while net profit attributable to shareholders surged by 265.50% to 30.43 million yuan [1] - The automotive parts segment demonstrated resilience, with subsidiary Jinhong Crankshaft achieving a revenue of 420 million yuan, down 9.29%, but net profit increased by 20.89% to 44.03 million yuan [1] - The company made significant strides in the new energy vehicle crankshaft sector, with products accounting for 51.1% of total crankshaft sales, becoming a key supplier for major automakers [1] - The automotive sales and service segment, operated by subsidiary Neijiang Pengxiang, saw revenue decline to 1.043 billion yuan, down 17.7%, but turned a profit of 1.6429 million yuan due to strategic adjustments [2] - The company is focused on enhancing its position in the new energy crankshaft market and improving operational efficiency in the automotive sales sector [3] Automotive Parts Business - Jinhong Crankshaft implemented measures to improve production efficiency and quality management, which helped mitigate revenue decline [1] - The subsidiary holds 77 utility model patents and 15 invention patents, with new patents added during the reporting period [1] - The company has established itself as a major supplier for leading automotive brands in the new energy sector [1] Automotive Sales and Service Business - Neijiang Pengxiang adjusted its strategy to capitalize on government policies for equipment updates and trade-in programs, leading to a turnaround in profitability [2] - The company improved asset efficiency and personnel effectiveness through a "racehorse mechanism" and digital service enhancements [2] - Market share for brands like Dongfeng Nissan and SAIC Volkswagen has increased, solidifying the company's leading position in the Tianjin region [2] Future Outlook - The company plans to continue developing clients and products in the new energy crankshaft sector while enhancing operational reforms in automotive sales [3] - There is a focus on expanding new energy brand authorizations and exploring value in the automotive aftermarket [3]

浩物股份主营汽车销售及服务、内燃机发动机曲轴制造两大领域，其中汽车销售及服务包括整车销售、 维修保养服务、综合服务三大业务，内燃机发动机曲轴包括汽车、工程机械、农用机械等曲轴的研发、 制造与销售。 本报讯 8月27日晚间，四川浩物机电股份有限公司（以下简称"浩物股份"）发布2025年半年度报告。上 半年公司实现营业收入14.57亿元，实现归属于上市公司股东的净利润3043.17万元，归属于上市公司股 东的扣除非经常性损益的净利润2671.95万元，均实现了扭亏为盈。 据悉，浩物股份共有11家品牌特许授权经销店，分布于天津市主要汽车产业园区，其中接近半数位于天 津市核心汽车产业园区空港经济区汽车园。经销品牌包括上汽大众、一汽大众、一汽丰田、东风日产等 中端合资品牌乘用车和小米、阿维塔、飞凡等新能源品牌乘用车，形成了多品牌经营并持续优化品牌结 构的业务布局。 与此同时，上半年，浩物股份致力于新能源插电混动、增程式汽车曲轴领域客户的开发，并专注于新能 源汽车曲轴产品的研发。半年报显示，公司上半年新增实用新型专利5项，发明专利1项，软件著作1 项。 （文章来源：证券日报） 半年报显示，上半年，浩物股份汽车零部件业务完 ...

Core Insights - The company reported a revenue of 1.457 billion yuan and a net profit of 30.43 million yuan for the first half of 2025, marking a turnaround from a loss of 18.39 million yuan in the same period last year [1] - Morgan Stanley Securities significantly increased its stake in the company, becoming the 8th largest shareholder with 3.0677 million shares, representing 0.58% of total shares [1] Business Overview - The company operates in two main segments: automotive sales and services, and internal combustion engine crankshaft manufacturing [2] - The automotive sales and services segment includes vehicle sales, maintenance services, and comprehensive services, with major brands such as SAIC Volkswagen, FAW Volkswagen, FAW Toyota, and Dongfeng Nissan [2] - The crankshaft manufacturing segment focuses on R&D, production, and sales of crankshafts for various applications, leading in production and sales in the domestic passenger car crankshaft industry [2] Performance Metrics - The company produced 1.1857 million crankshafts in the first half of the year, a year-on-year increase of 3.4%, and sold 7,605 vehicles, generating 1.037 billion yuan in revenue from automotive sales [2] - The gross margins for the two main business segments were 21.94% and 8.13%, both showing year-on-year improvement [3] - The subsidiary Jin Hong Crankshaft achieved a net profit of 44.03 million yuan, a 20.89% increase year-on-year, attributed to efficiency improvements and cost optimization [3] Strategic Outlook - The company aims to actively explore new business areas and drive business transformation, aligning with industry technological trends and market demands [3] - Plans include optimizing the industrial structure and accelerating the layout in the new energy vehicle sector to enhance competitiveness [3]