Core Insights - The company reported a significant increase in revenue for the first half of 2025, achieving 154.46 million yuan, a growth of 40.54% compared to the same period last year [1] - Despite the revenue growth, the company recorded a net loss attributable to shareholders of 108.72 million yuan, although this represents an improvement in loss compared to the previous year [1] Financial Performance - The company's revenue saw a substantial rise due to specific demands from end-users and their annual procurement plans [1] - The company maintained a high level of research and development (R&D) investment, with R&D expenses accounting for 84.88% of total revenue in the first half of 2025 [1] - Increased business activities led to a rise in related expenses, and the company also made appropriate provisions for asset impairment, contributing to the net loss [1] R&D and Product Development - The company achieved significant progress in chip research and development, with its first-generation smart wireless radio baseband processing chip entering the commercialization phase [1] - The second-generation smart wireless radio baseband processing chip has completed trial production and testing, and efforts are underway to advance its productization [1] - The radio frequency transceiver chip has completed trial production and is currently undergoing packaging and testing [1] - The company places a strong emphasis on R&D, continuing to invest in cutting-edge technologies in AI, cloud computing, virtual reality, and intelligent decision-making [1]