Core Viewpoint - China Nuclear Engineering Corporation reported a decrease in revenue and profit for the first half of 2025 compared to the previous year, indicating potential challenges in the company's financial performance [1]. Financial Performance - Total assets at the end of the reporting period reached approximately CNY 247.20 billion, an increase of 9.43% from the previous year [1]. - Operating revenue for the period was CNY 53.47 billion, down 2.11% from CNY 54.63 billion in the same period last year [1]. - Total profit amounted to CNY 1.43 billion, reflecting a decrease of 9.97% compared to CNY 1.59 billion in the previous year [1]. - Net profit attributable to shareholders was CNY 775.50 million, a decline of 24.96% from CNY 1.03 billion year-on-year [1]. - The net cash flow from operating activities was negative at CNY -13.49 billion, compared to CNY -12.90 billion in the previous year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 90,344 [1]. - The largest shareholder, China National Nuclear Corporation, holds 56.76% of the shares, amounting to approximately 1.71 billion shares [2][3]. Debt Instruments - The company issued bonds with a total value of CNY 500 million at an interest rate of 3.17%, with a maturity of three years [4]. - Another bond issuance was for CNY 1.3 billion at an interest rate of 3.45%, also with a three-year maturity [4]. Corporate Structure - The company is primarily state-owned, with significant holdings by state-owned enterprises [2][3]. - There are no known relationships or agreements among the major shareholders that would classify them as acting in concert [3].