不过，明新旭腾亦提示风险称，定点通知并不反映客户最终的实际采购数量，目前项目总金额仅为预计 金额，后续实际开展情况存在不确定性，具体以订单结算金额为准。公司实际销售金额将与汽车实际产 量等因素直接相关，整个项目的实施周期比较长，而汽车市场整体情况、国家宏观经济形势等因素均可 能对客户的生产计划和采购需求构成影响，进而为供货量带来不确定性影响。 10月15日晚间，明新旭腾（605068）公告，公司近日收到某头部新能源汽车客户的定点通知，公司将作 为客户的零部件供应商，为其新能源车型开发内饰材料。根据客户规划，此次定点项目生命周期总销售 金额约6.5亿元。 明新旭腾表示，公司自设立以来，一直深耕汽车内饰新材料领域，经过不断的技术研究、新品开发和市 场拓展，采用绿色生产技术，生产出一系列符合安全环保要求且舒适美观的汽车内饰新材料，形成了从 材料研究、工艺开发、清洁生产到销售推广和终端应用的汽车内饰新材料一体化业务体系。此次收到项 目定点通知，充分体现了客户对于公司持续创新能力、研发实力、产品质量及生产能力的认可。 9月19日，明新旭腾公告称，今年分别成立了全资子公司明新智源(浙江)新材料科技有限公司，合资公 司明新 ...

Core Viewpoint - Mingxin New Material Co., Ltd. reported a significant decline in net profit and total profit for the first half of 2025, attributed to decreased gross margins and increased depreciation costs, despite a rise in revenue from automotive interior materials [3][10]. Financial Performance - Revenue for the first half of 2025 reached approximately 602.83 million RMB, a 29.26% increase compared to 466.37 million RMB in the same period last year [3]. - Total profit decreased by 644.92%, resulting in a loss of approximately 34.22 million RMB, compared to a profit of 6.28 million RMB in the previous year [3]. - Net profit attributable to shareholders was approximately -29.39 million RMB, a decline of 393.49% from 10.01 million RMB [3]. - The company's net assets decreased by 1.14% to approximately 1.65 billion RMB, while total assets increased by 2.43% to approximately 3.62 billion RMB [3]. Business Overview - The company specializes in the research, development, and sales of new materials for automotive interiors, focusing on environmentally friendly production techniques [9]. - Products include genuine leather, suede-like microfiber, PU, and PVC materials, primarily used in various automotive interior applications [9][10]. - The company operates 13 subsidiaries and one branch, enhancing its responsiveness to customer needs through proximity to OEMs [9]. Industry Trends - The automotive market in China showed positive growth in the first half of 2025, with production and sales increasing by 12.5% and 11.4%, respectively [8]. - The demand for new energy vehicles continues to rise, contributing to industry transformation and growth [8]. - The company is positioned to benefit from ongoing policies supporting automotive consumption and the transition to new energy vehicles [8]. Strategic Initiatives - The company is expanding its product offerings to include innovative materials such as water-based PU leather and environmentally friendly PVC, aiming to cover a full range of product categories [10][11]. - A new subsidiary, Mingxin Zhiyuan, has been established to focus on the development of bionic electronic skin, leveraging the company's expertise in automotive functional materials [11]. - The company emphasizes sustainable development and has improved its ESG rating from A to AA, reflecting its commitment to environmental responsibility [12][17].