Core Insights - Harbin Air Conditioning Co., Ltd. reported a significant decline in revenue and a net loss for the first half of 2025, with revenue at 549 million yuan, down 22.53% year-on-year, and a net loss of 7.64 million yuan compared to a profit of 8.90 million yuan in the same period last year [1] Company Performance - The company's main products include petrochemical air coolers, power plant air coolers, and air treatment units for nuclear power plants, which are widely used in the petrochemical, power, and metallurgy industries [1] - The decline in performance is attributed to reduced sales revenue and other income, along with increased operating expenses, leading to a shift from profit to loss for the company [1]