Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of approximately CNY 533 million, a year-on-year decrease of about 10.7% [3] - The net profit attributable to shareholders was a loss of CNY 8.3 million, primarily due to fluctuations in downstream demand and raw material prices [3] Group 2: Product Development and Market Strategy - The company is focusing on the development of liquid cooling silicone oil, which is currently in the verification stage and has not yet entered mass production [3][4] - The company aims to optimize product structure and control costs while actively exploring markets to improve operational performance [3] - The company has launched a "gel-paint integration" technology route in anticipation of the new national standard for electric vehicle batteries, which will be implemented on July 1, 2026 [5][6] Group 3: Industry Collaboration and New Projects - The company has established a joint venture, Guangzhou Jitian New Materials Co., Ltd., to promote the research and production of adhesives for aircraft windshields, aiming to meet domestic commercial aviation market needs [4] - The company has formed partnerships with clients such as Pylon Technology and XJ Electric for energy storage solutions, providing a one-stop solution covering bonding, thermal protection, and fire prevention [7] Group 4: Research and Development Focus - The company's R&D is concentrated on green and environmentally friendly sealants and water-based coatings, with an emphasis on low VOC, solvent-free, and water-based products [3] - The company has developed high transparency silicone structural sealants and water-based protective coatings to meet market demands for transparency and weather resistance [3]

Core Viewpoint - The company Jitai Co., Ltd. (002909) is actively providing comprehensive solutions for energy storage in commercial, residential, and wind-solar hybrid systems, focusing on safety and efficiency through innovative technology and quality service [1] Group 1: Product Offerings - The core products include polyurethane thermal conductive structural adhesive, which can replace traditional metal fasteners to reduce equipment weight and is suitable for the structural fixation of battery cells and liquid cooling plates [1] - The company offers thermal insulation coatings that possess excellent adhesion and thermal conductivity, also aimed at reducing equipment weight and applicable for battery cells and liquid cooling plates [1] - Fireproof coatings that meet fire resistance requirements for over 30 minutes are provided, creating fire barriers to mitigate the impact of thermal runaway, with a voltage resistance greater than 4000V to prevent breakdown and leakage risks [1] Group 2: Partnerships and Market Focus - The company has established collaborations with clients such as Pylon Technologies, XJ Electric, and Chengdu Telongmei, indicating a strong market presence [1] - The company aims to continuously deepen its engagement in the energy storage sector, leveraging technological innovation and high-quality service to iteratively improve application solutions [1] - The focus is on supporting the safe and efficient development of the energy storage industry [1]