Core Viewpoint - The company has successfully turned around its financial performance in the first half of 2025, achieving a revenue of 340 million yuan and a net profit of 1.4764 million yuan, compared to a loss of 21.81 million yuan in the same period last year [2] Financial Performance - The company's gross profit margin significantly increased from 21.14% in the previous year to 25.68% [2] - Cost control measures have led to a reduction in sales and management expenses, enhancing profitability [2] - The company has implemented a series of measures to control costs effectively, focusing on budget management, precise marketing, organizational structure, and capital management [2] Business Development - The company is focusing on the rail transit market as a core area, aiming to build a high-end brand image and expand into related industries such as new energy and energy storage [2] - The company has successfully delivered air conditioning orders for rail transit in major cities, including Beijing and Shenzhen, as well as international locations like Tel Aviv and Romania [3] - The company has deployed its rail transit vehicle variable frequency air conditioning products in 49 cities across 34 provinces and municipalities in China, with a total of 40,000 units in operation [3] New Product Initiatives - The company is expanding into the new energy and intelligent thermal management market, focusing on electric bus variable frequency energy-saving air conditioning and integrated thermal management systems [3] - A new generation of liquid cooling products for energy storage applications has been launched, with significant deliveries to major energy storage projects [3] - The company is also developing thermal management systems for low-altitude flying vehicles in collaboration with leading eVTOL companies [3] Shareholder Fund Management - The company has addressed the recent fund occupation by its major shareholder, Qingdao Langjin Group, which amounted to 229 million yuan, with all funds and interest fully repaid by June 30, 2025 [4] - The company has strengthened internal controls and auditing functions to prevent future issues related to related party transactions and information disclosure [4]