Core Viewpoint - The company held a successful half-year performance briefing on September 19, 2025, with full interaction with investors, addressing 14 questions with a 100% response rate [1] Group 1: Product Development and R&D - The company focuses on industrial automation instruments and has launched several high-end products this year, including steam bypass control valves and high-temperature ultrasonic flow meters, but has not engaged in the development of vacuum gauges for lithography machines [2] - The company does not currently have plans to develop high-precision harmonic reducers for robotics, as its main business is industrial automation instruments [2] Group 2: Dividend and Financial Management - The company maintains a commitment to stable dividends, distributing no less than 30% of its distributable profits in cash each year, with the 2024 dividend already implemented [2] - The company is focused on improving profitability to create more value for investors, with future dividend plans to be determined based on actual conditions and development [2] Group 3: Market and Shareholder Concerns - The company acknowledges that its stock price is influenced by multiple factors and emphasizes the importance of value management as the foundation of market capitalization management [3] - The approval process for the transfer of control to the central enterprise has been lengthy, exceeding the normal timeframe, but the company assures that the matter is progressing [2][3] Group 4: Industry Outlook and Business Development - The company is actively tracking domestic coal chemical projects, anticipating an increase in related tender information in the second half of the year, and maintains close technical cooperation with leading enterprises in the coal chemical sector [2] - The company has secured contracts for its intelligent pressure transmitters and temperature instruments in the Saudi PP12 project and is involved in the thorium molten salt reactor project [2] - The company aims to achieve its 2025 operational targets of 8.08 billion in profit, although this is subject to various influencing factors [2]

Core Viewpoint - The company is actively engaged in the research and development of products for nuclear power and gas turbine projects, indicating a focus on innovation and domestic substitution in these sectors [1] Group 1 - The company has developed a bypass control valve for gas turbines in collaboration with nuclear power enterprises and research institutes, specifically targeting the conventional island of nuclear power [1] - The company has also collaborated with relevant firms to develop fuel control valves for gas turbine projects, achieving domestic substitution in this area [1]