Financial Performance - In the first half of 2025, the company achieved operating revenue of 169 million yuan, a year-on-year increase of 14.48% [1] - The net profit attributable to shareholders was 42.76 million yuan, reflecting a year-on-year growth of 13.32% [1] - The net cash flow from operating activities reached 63.52 million yuan, up by 13.86% year-on-year [1] Industry Development and Market Expansion - The company is actively developing testing capabilities in the electrochemical energy storage industry, focusing on liquid flow batteries [1] - It has prepared application materials for multiple new testing projects and has applied for 2 invention patents while participating in the formulation of 3 group standards [1] - The company participated in the Shanghai International Carbon Neutrality Expo and successfully hosted a roundtable forum on liquid flow batteries, establishing preliminary contacts with over ten potential clients [1] Certification and Research Activities - The subsidiary, Chuanglan Testing, has begun voluntary product certification activities in the wire and cable sector, focusing on carbon footprint certification [2] - The company has developed 6 carbon footprint evaluation guidelines for various cable products and has issued certification for these products [2] - During the reporting period, the company won bids totaling over 8 million yuan across multiple important service projects and signed annual framework service contracts with key end-users [2] Research and Development - The company is advancing 21 research projects, with 8 new projects initiated during the reporting period, and invested 15.41 million yuan in R&D expenses [2] - It has applied for 7 invention patents, received authorization for 2, and published 3 academic papers [2] - The company participated in the revision of 10 national standards, 7 group standards, and 3 enterprise standards, with 1 national standard and 3 enterprise standards officially released [2] Company Overview - The company is a leading independent third-party inspection and testing service provider for wires, cables, and optical fibers in China, offering a range of services including inspection, testing, equipment measurement, capability verification, and certification [3]

Core Viewpoint - The company reported a revenue of 296 million yuan for 2024, representing a year-on-year growth of 6.93%, and a net profit attributable to shareholders of 75.28 million yuan, up 2.18% year-on-year [1] Group 1: Business Performance - The company achieved a solid development momentum by focusing on its strategic goals of "expanding regions and businesses" [1] - The acquisition of Chuanglan Testing was completed, and the construction of fundraising projects was advanced [1] - The company experienced growth in inspection and testing service revenue due to increased demand from cable manufacturing enterprises for transformation and technological innovation [1] Group 2: New Business Development - The company has expanded its inspection services into the new energy sector, particularly in the electrochemical energy storage industry, establishing testing capabilities for flow batteries and fuel cells [2] - The company was approved to establish the "Shanghai Flow Battery Energy Storage Quality Inspection and Testing Center" and began providing testing services for related enterprises [2] - The company secured project bids exceeding 10 million yuan and signed annual framework service contracts with key end-users, solidifying long-term partnerships [2] Group 3: Innovation and Research - The company applied for 15 invention patents during the reporting period, receiving authorization for 5, and published 11 academic papers [3] - The company participated in the formulation and revision of 10 national standards, 3 industry standards, and various other standards [3] - The company is recognized as a leading independent third-party inspection and testing service provider for wires, cables, and optical fibers in China, offering a range of professional technical services [3]

Core Viewpoint - The company has maintained its competitive advantages in technology, quality, and brand in the wire and cable inspection and testing services industry, focusing on continuous technological innovation and service expansion [6][10]. Company Overview - The company specializes in inspection and testing services for wires, cables, and optical fibers, including related technical services such as training, standard formulation, and factory audits [6][7]. - The main business segments include inspection and testing services, measurement services, and other professional technical services [6][9]. Financial Highlights - The company has proposed a profit distribution plan to distribute a cash dividend of 4.10 yuan per 10 shares (including tax) to all shareholders based on 78,000,000 shares [5]. - The company has undergone retrospective adjustments to its financial data due to a business combination under common control [11]. Shareholder Information - There are no changes in the top 10 shareholders or any significant changes in shareholding due to securities lending activities [12].