Group 1 - The company reported a revenue of 498.99 million yuan for the first half of 2025, a year-on-year decrease of 21.06% [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 20.65 million yuan, an increase of 64.38% year-on-year [1] - The net cash flow from operating activities increased by 100.94% year-on-year, indicating a significant recovery in financial health [1] Group 2 - The company focuses on its core business, with high and low voltage equipment generating 376.63 million yuan in revenue, accounting for 75.48% of total revenue [1] - The new energy business, a strategic focus for transformation, achieved a revenue of 49.99 million yuan [1] - The gross margins for both high and low voltage equipment and new energy businesses improved compared to the same period last year [1] Group 3 - The acquisition of Hep Energy Environmental Technology Co., Ltd. has made progress, with the company acquiring 15% of its shares through cash payment [2] - Hep Energy reported a revenue of 252.50 million yuan and a net profit of 98.73 million yuan for the first half of 2025 [2] - The company recognized an investment income of 1.72 million yuan from Hep Energy, contributing to the consolidated profit [2] Group 4 - The company has established a diversified industrial matrix of "smart electrical + new energy + new materials" while actively pursuing major asset restructuring [2] - The company engaged in related transactions worth 49.80 million yuan with Hep Energy during the reporting period [2]