Core Insights - Jiangsu Leili reported a revenue of 1.958 billion yuan for the first half of 2025, representing a year-on-year increase of 20.71% [1] - The net profit attributable to shareholders reached 186 million yuan, up 8.45% year-on-year, with basic earnings per share of 0.4166 yuan [1] Business Segments - Revenue from the home appliance segment increased by 5.09% year-on-year [1] - The automotive parts segment saw a significant revenue growth of 63.72%, totaling 379 million yuan [1] - The industrial control segment's revenue grew by 34.49% year-on-year [1] - The medical health segment experienced a revenue increase of 30.91% [1] New Product Development - Jiangsu Leili launched modular and electromechanical integrated new products targeting multiple application areas [1] - The company’s subsidiary, Zhongke Lingxi, released two new dexterous hands and control systems, with upgraded products and high-load servo electric cylinders launched in August [1] - The company is developing optical module products and has secured contracts for laser radar motors with clients like Hesai, generating 44.65 million yuan in revenue, a 35% increase year-on-year [1] Strategic Investments and Expansion - In May 2025, Jiangsu Leili made a strategic investment in Yikun Power to advance the application of axial flux motors in various scenarios [1] - The company plans to raise 1.286 billion yuan through convertible bonds for project construction [1] - A small-scale production has commenced at the Mexican factory, and the subsidiary Dingzhi Technology is establishing an overseas base expected to be operational by the end of the year [1]

Core Insights - Jiangsu Leili reported a revenue of 1.958 billion yuan for the first half of 2025, representing a year-on-year growth of 20.71%, and a net profit attributable to shareholders of 186 million yuan, up 8.45% year-on-year [1] - The company is the largest provider of micro-motor modular solutions in China, focusing on various applications including home appliances, new energy vehicles, medical instruments, and industrial control motors [1] - Jiangsu Leili's strategy emphasizes multi-application solutions, continuously launching new products in componentization and mechatronics integration [1] Business Segments Performance - Revenue from the home appliance segment grew by 5.09%, automotive parts by 63.72%, industrial control by 34.49%, and medical health by 30.91% compared to the same period last year [1] - In the automotive parts segment, revenue reached 379 million yuan, a significant increase of 63.72%, driven by the electronic and lightweight trends in automotive components [1] - The company's lidar motor products generated 44.65 million yuan in revenue, marking a 35% increase, with clients including Hesai, BYD, and SUTENG [1] Diversification and New Applications - Jiangsu Leili is expanding into emerging application areas such as dexterous hands and core components for robotics, high-efficiency industrial motors, and medical devices [2] - The subsidiary, Zhongke Lingxi, launched two types of dexterous hands and control systems, with a focus on providing integrated solutions for robotics [2] - The company has entered the supply chains of major medical device firms like Mindray and Siemens, and is collaborating with Dingzhi Technology in the dental treatment equipment sector [2] Investment and Expansion Plans - Jiangsu Leili plans to issue convertible bonds to raise 1.286 billion yuan for the construction of overseas production bases and the R&D of automotive parts and robotic control components [3] - The company is in the process of establishing a factory in Mexico, which has begun small-scale production, and is also setting up production bases in Malaysia and Thailand, expected to be operational by the end of the year [3]