报告期内，公司海外的新签订单（含交付地在海外）金额为18.88亿元，同比增长192.5%，创下自公司成立以来海外订单的高峰。这种爆发式增长源于公司前瞻性的全球化布局。目前，其已在 值得一提的是，今年初，公司还完成了对瑞士Leister集团旗下激光塑料焊接业务的战略收购。该收购拥有数十年的模块化、定制化应用经验和全球独有的专利技术"GLOBO 焊接"，能够赋能汽 据悉，在下一代电池技术智造装备研发方面，国内多数锂电制造装备供应商主要布局"半固态"，能迈进"准固态"或"全固态"阵营的厂商少之又少。而海目星从布局初期就坚定地选择了一条"难而 早在2022年，作为业内首家同时布局"氧化物+锂金属负极"和"硫化物+硅碳负极"两条技术路线的公司，其已依靠前瞻性战略考量和创新突破构筑起坚实的技术护城河。 来源：上海证券报·中国证券网 上证报中国证券网讯 8月27日晚，海目星发布了2025年中期业绩报告，公司上半年实现营业总收入16.64亿元。尽管经营数据依旧承压，但公司在报告期内积极开展逆周期战略调整，通过开辟 2025年上半年，公司经营活动产生的现金流量净额为2.48亿元，同比大幅增长约136%，成功由负转正。更值得关注 ...

Core Viewpoint - The company has reported a significant increase in revenue and cash flow despite challenges in the global new energy sector, driven by strategic adjustments and overseas market expansion [1][2][4]. Financial Performance - In the first half of 2025, the company achieved total revenue of 1.664 billion yuan, with a net cash flow from operating activities of 248 million yuan, marking a year-on-year increase of approximately 136% [1][2]. - The company’s new orders amounted to approximately 4.421 billion yuan, a year-on-year growth of about 117.5%, with total orders on hand reaching approximately 10.085 billion yuan, up 46% year-on-year [3]. Market Expansion - The company has seen a remarkable increase in overseas orders, which reached 1.888 billion yuan, a year-on-year growth of 192.5%, marking a record high for overseas orders since its establishment [4]. - The company has established eight subsidiaries in key global markets, enhancing its operational capabilities and competitiveness [4]. Industry Trends - The global power battery installation volume reached 504.4 GWh in the first half of 2025, reflecting a year-on-year increase of 37.3%, with domestic battery companies holding a 68.9% share of the global market [2]. - The Chinese lithium battery equipment market is projected to rebound to 85 billion yuan by 2027, with a compound annual growth rate exceeding 20% from 2025 to 2027 [2]. Technological Development - The company is pursuing a dual technology route in solid-state battery manufacturing, focusing on both "oxide + lithium metal anode" and "sulfide + silicon-carbon anode" technologies [5]. - The company has begun commercializing its solid-state battery technology, with expectations of significant market growth, as global solid-state battery shipments are projected to exceed 10 GWh in 2025 and 600 GWh by 2030 [5]. Strategic Outlook - The company’s strategic focus on overseas market expansion and solid-state battery technology positions it well for future growth, with improved cash flow and financial structure supporting sustainable development [6].