Core Viewpoint - Company is transitioning from a traditional rigging manufacturer to a provider of marine engineering and high-end equipment solutions, targeting the trillion-dollar marine economy industry [1][5] Company Overview - Established in 1985, Company has become a leading player in the rigging industry in China, holding a dominant market position with significant technological advantages and extensive market coverage [2][3] - Main products include soft rigging, chains, steel wire ropes, and various rigging equipment, widely used across multiple sectors such as manufacturing, mining, construction, and marine industries [2] Strategic Initiatives - Company held its first investor meeting in 15 years on October 11, 2023, attracting over 120 participants from media, securities firms, and investment institutions [1] - In response to the national "Deep Sea Technology" strategy, Company announced a 100 million yuan investment to establish a wholly-owned subsidiary, Giant Rigging Marine Technology (Tianjin) Co., Ltd. [5][6] Technological Advancements - Company has developed key technologies for marine engineering equipment, including long-term mooring systems, and holds nearly 366 patents, with 66 being invention patents [3][4] - Recent achievements include the successful development of a domestic long-term mooring system and participation in significant projects like the "Three Gorges Leading No." and offshore wind power systems [4][6] Market Opportunities - The marine engineering sector is experiencing rapid growth, with significant demand for floating wind turbines and mooring systems, potentially leading to a market scale of hundreds of billions [7] - Company aims to become a core supplier in the deep-sea mooring market, leveraging its unique capabilities in providing complete mooring solutions [7][8] Financial Performance - In the first half of 2025, Company reported revenue of 1.14 billion yuan, a year-on-year increase of 17.45%, and a net profit of 9.35 million yuan, up 137.21% [8][9] - R&D investment reached 10.61 million yuan, a 96.72% increase year-on-year, supporting ongoing technological innovation [9]

Group 1 - The core viewpoint of the article highlights the performance of Jili Rigging during the 2025 semi-annual report, showcasing significant growth in both revenue and net profit [1] - The company reported a revenue of 1.14 billion yuan, representing a year-on-year increase of 17.45% [1] - The net profit for the period was 9.35 million yuan, which is a substantial year-on-year growth of 137.21% [1] Group 2 - Jili Rigging specializes in the research, development, manufacturing, and sales of rigging products, with a focus on enhancing market competitiveness and profitability [1] - The main product lines include soft rigging series, chain series, wire rope series, fixture beam series, forged rigging series, cable, steel rods, heavy equipment series, and rigging equipment, totaling nine major product series [1]

Group 1 - The core business of the company is the research, development, manufacturing, and sales of rigging and related products [1] - The company has consistently focused on its main business since its establishment, emphasizing deepening its core operations [1] - The main products of the company include nine major series: soft rigging series, chain series, wire rope series, fixture beam series, forged rigging series, cable, steel pull rods, heavy equipment series, and rigging equipment [1]

Core Viewpoint - In the first half of 2025, under the favorable conditions of marine engineering, new energy infrastructure, and the "Belt and Road" international cooperation, the company achieved significant growth in both revenue and net profit, showcasing continuous innovation and upgrades in its products [1][2]. Financial Performance - The company reported a revenue of 1,140.01 million yuan, representing a year-on-year increase of 17.45% [2]. - The net profit attributable to shareholders reached 9.35 million yuan, up 137.21% year-on-year [2]. - The non-recurring net profit was 5.60 million yuan, a substantial increase of 450.30% compared to the same period last year [2]. Product Performance - The synthetic fiber lifting belt saw the highest growth rate, achieving revenue of 192.63 million yuan, a 25.55% increase year-on-year [3]. - Revenue from engineering and metal locks, a major contributor, reached 515.90 million yuan, up 18.26% year-on-year [3]. - Revenue from steel wire ropes and related products increased by 6.41% to 337.11 million yuan [3]. Market Trends - The lifting gear industry is experiencing steady growth, driven by demand in both traditional and emerging sectors [4]. - New energy sectors, particularly wind and solar power, are increasing the demand for high-strength and deep-sea economic lifting gear [4]. - The company is actively diversifying its business to align with market trends, particularly in new energy and international markets [4]. Global Expansion - The company achieved overseas revenue of 167.64 million yuan, a year-on-year increase of 12.26% [5]. - Domestically, revenue reached 972.37 million yuan, reflecting an 18.40% increase year-on-year [5]. - The company has established over 100 branches domestically and a sales network in more than 100 countries, focusing on providing comprehensive lifting solutions [5]. Innovation and R&D - The company invested 60.87 million yuan in R&D during the reporting period, holding 366 valid patents, including 66 invention patents [7]. - Key R&D areas include marine engineering, new energy applications, and foundational research on smart lifting gear [7]. - The company has made significant advancements in deep-sea mooring systems, achieving international leading technical standards [7]. Future Outlook - The company is poised for a new growth cycle, driven by the global offshore wind power installation surge, accelerated infrastructure projects under the "Belt and Road" initiative, and the release of deep-sea technology policy dividends [8].