Core Viewpoint - China Jushi achieved a net profit attributable to shareholders of 1.687 billion yuan in the first half of the year, representing a year-on-year increase of 75.51% [1] Financial Performance - The company reported a non-recurring loss of 14.14 million yuan from the disposal of non-current assets, compared to 333 million yuan in the same period last year [1] - The adjusted net profit attributable to shareholders, excluding non-recurring items, was 1.701 billion yuan, showing a significant year-on-year growth of 170.74% [1] - In Q2 alone, the company generated revenue of 4.63 billion yuan, which is a year-on-year increase of 6.28% [1] - The net profit attributable to shareholders for Q2 was 957 million yuan, reflecting a year-on-year growth of 56.58% [1] Market Position and Outlook - China Jushi is a leading enterprise in the domestic fiberglass roving and electronic cloth sector, with strong cost and structural advantages, maintaining a solid market position [1] - The company is expected to achieve net profits attributable to shareholders of 3.64 billion yuan, 3.86 billion yuan, and 4.72 billion yuan for the years 2025, 2026, and 2027, respectively [1] - Corresponding valuations are projected to be 16 times, 15 times, and 13 times for the respective years [1] - The recommendation for the stock remains a "buy" rating [1]