Core Insights - Daming International (01090.HK) reported a revenue of RMB 21.198 billion for the first half of 2025, a decrease of 7.0% year-on-year [1] - The gross profit was RMB 554 million, reflecting a year-on-year increase of 7.6% [1] - The profit attributable to equity holders for the period was RMB 7.579 million, showing a significant year-on-year growth of 70.85% [1] Steel Processing Business - The sales volume of stainless steel processing increased from approximately 965,000 tons in the first half of 2024 to about 996,000 tons in the first half of 2025, representing an increase of approximately 3.1% [1] - The processing volume of stainless steel decreased slightly from around 1,525,000 tons in the first half of 2024 to about 1,522,000 tons in the first half of 2025, a decrease of approximately 0.2% [1] Carbon Steel Processing Business - The sales volume of carbon steel processing rose from approximately 2,383,000 tons in the first half of 2024 to about 2,391,000 tons in the first half of 2025, an increase of approximately 0.4% [1] - The processing volume of carbon steel increased from around 2,292,000 tons in the first half of 2024 to approximately 2,444,000 tons in the first half of 2025, reflecting an increase of about 6.6% [1]