Group 1 - ST Xin Ya (SZ 002388) announced that as of the date of the announcement, the controlling shareholder and its concerted parties have pledged a total of 55.6 million shares, accounting for 99.24% of their total shareholding [1] - For the first half of 2025, ST Xin Ya's revenue composition is as follows: sales and services of electronic information products account for 70.74%, chemical materials manufacturing accounts for 26.97%, bulk commodity trading accounts for 2.19%, and property leasing accounts for 0.11% [1] - As of the time of reporting, ST Xin Ya has a market capitalization of 2.7 billion yuan [1]

Core Insights - ST New Asia reported a revenue of 880 million yuan for the first half of 2025, with a net profit attributable to shareholders of 6.55 million yuan, showing an increase in revenue in Q2 compared to Q1 [1] - The electronic information product sales service generated 622 million yuan, accounting for 70.74% of total revenue, with improved gross margins despite a slight year-on-year revenue adjustment [1] - The company is focusing on high-end manufacturing and expanding into electronic equipment and new materials, aiming to become a leading provider of new materials and product solutions [2] Business Performance - The adhesive business achieved a revenue of 131 million yuan in the first half of 2025, with a gross margin of 47.42%, indicating strong internal profitability [3] - The company is leveraging its R&D capabilities and industry experience to enhance its competitive advantage in the adhesive market, which is expanding due to demand upgrades and technological iterations [3] Innovation and Technology - The company is driving product performance improvements through technological innovation, with a dedicated R&D team and multiple core patents applied to its products [4] - ST New Asia has received various certifications, including "National High-tech Enterprise," and is recognized for its innovative products in the field of electrolytes and adhesives [4] - The company is enhancing its brand influence by deepening customer cooperation and optimizing its product structure, aiming for sustained growth in core products and services [4]