Core Viewpoint - The report from Cinda Securities indicates that ChenZhan Optoelectronics achieved a net profit attributable to shareholders of 112 million yuan in the first half of 2025, representing a year-on-year decrease of 13.85% [1] Group 1: Company Overview - ChenZhan Optoelectronics is a provider of commercial human-machine interaction intelligent terminal solutions, with product offerings including touch all-in-one machines, touch displays, various smart self-service terminals, and embedded modules [1] - The company's ODM business model provides customized products and services to global clients, covering product design, hardware and software selection, manufacturing, and validation [1] Group 2: Business Development - Following the acquisition of MicroTouch™ in 2020, the company has been developing its own brand and has gradually established and improved its agent channels globally, leading to increased brand recognition [1] - MicroTouch™ is now independently developing under an overseas subsidiary model, enhancing the synergy with the group [1] Group 3: Strategic Partnerships - The company has invested in Hongtong Technology to enter the smart cockpit business, which has been providing high-quality touch display assembly solutions to automotive manufacturers in Europe, America, and China since 2017, demonstrating strong competitiveness in the mid-to-high-end market [1] - A partnership with Satogate has been established to explore new scenarios for encrypted payments [1]