Core Viewpoint - Yuhua Development (000514) reported a significant turnaround in its financial performance for the first half of 2025, projecting a net profit of between 175 million to 225 million yuan, compared to a loss of 32.9 million yuan in the same period last year, marking a year-on-year increase of 632% to 784% [1][2] Financial Performance - The company expects basic earnings per share to be in the range of 0.2074 yuan to 0.2667 yuan [1] - The substantial profit increase is primarily attributed to the transfer of a 1% stake in Chongqing Langfu Real Estate Co., Ltd., resulting in an investment income of 240 million yuan due to the revaluation of the remaining equity [1][2] - In 2024, the company reported an operating revenue of 388 million yuan, a decrease of 70.79% year-on-year, and a net profit attributable to shareholders of -114 million yuan, a decline of 207.71% [2] Business Strategy - The transfer of the stake in Langfu Company is aimed at enhancing operational efficiency and clarifying equity relationships, while also improving the quality of the "Shan Yu Cheng" project [2] - The management indicated that the company will continue its main business in real estate development and sales, focusing on inventory sales and transitioning towards a more diversified industrial investment system [3] - The company plans to accelerate refinancing efforts to expand its asset scale and enhance urban comprehensive operation service capabilities [3]