Core Viewpoint - Qingdao Eastsoft Zhaibo Technology Co., Ltd. reported a significant decline in revenue and net profit for the first half of 2025, indicating challenges in its operational performance and market conditions [1][7]. Financial Performance - The company's operating revenue for the reporting period was approximately 504.21 million yuan, a decrease of 9.46% compared to the same period last year [7]. - The net profit attributable to shareholders was approximately 5.38 million yuan, down 88.38% from 46.34 million yuan in the previous year [7]. - Basic earnings per share fell by 76.39% to 0.0292 yuan per share [7]. - Total assets at the end of the reporting period were approximately 3.55 billion yuan, a slight decrease of 0.40% from the previous year [7]. Business Overview - The company operates primarily in three sectors: energy internet, integrated circuits (chips), and intelligent technology applications, focusing on smart manufacturing and integrated circuit design [8][9]. - Shanghai Microelectronics, a wholly-owned subsidiary, specializes in chip design and sales, particularly for IoT applications, and has developed a range of products for various industries [8][9]. - The company has established a complete independent and controllable R&D-production-sales-service system, creating competitive barriers in technology, products, and market scenarios [8][9]. Product and Service Offerings - The company provides solutions for smart grids and energy internet, including smart meters, energy management systems, and integrated energy solutions [10][11]. - Key products include power line carrier communication chips, microcontrollers, and smart energy management platforms, which are widely used in smart grid applications [10][11]. - The company is actively involved in the development of distributed energy access units and has participated in the formulation of national standards for distributed energy integration [12][14]. Market Position and Strategy - The company aims to strengthen its position as a core technology provider in the power line carrier communication sector and has been involved in the development of new generation technology standards [13][14]. - It is expanding its presence in the PLC-IoT application field and has successfully validated the reliability and stability of its technology in smart device applications [13][14]. - The company is also focusing on the construction of new energy systems to enhance the flexibility and stability of power systems in response to the challenges posed by renewable energy sources [14][15].