Core Viewpoint - The report summarizes the financial performance and key metrics of TBEA Co., Ltd. for the first half of 2025, highlighting growth in total assets and net profit, while providing insights into shareholder structure and debt instruments [1][3]. Company Overview - TBEA Co., Ltd. is listed on the Shanghai Stock Exchange with the stock code 600089. The company is headquartered in Changji, Xinjiang, China [1]. - The total assets of the company at the end of the reporting period amounted to RMB 220.79 billion, reflecting a 6.17% increase compared to the previous year [1]. Financial Data - The operating revenue for the reporting period was RMB 48.35 billion, showing a 1.11% increase year-on-year [1]. - The total profit for the period reached RMB 4.42 billion, which is a 15.62% increase compared to the previous year [1]. - The net profit attributable to shareholders of the listed company was reported, but specific figures were not provided in the summary [1]. Shareholder Structure - As of the end of the reporting period, the total number of shareholders was 319,255 [2]. - The largest shareholder, Xinjiang TBEA Group Co., Ltd., holds 11.50% of the shares, amounting to 581,077,428 shares [2]. - Other significant shareholders include Xinjiang Honglian Venture Investment Co., Ltd. with 6.54% and Hong Kong Central Clearing Limited with 4.40% [2]. Debt Instruments - The company has issued various bonds, including a public offering of "Belt and Road" bonds with a maturity date in 2029 and a coupon rate of 5.00% [3][4]. - The report also mentions the issuance of technology innovation bonds with a maturity date in 2027 and a coupon rate of 10.00% [4].