Core Viewpoint - Meilixin reported a revenue of 1.859 billion yuan for the first half of 2025, reflecting a year-on-year growth of 12.41%, but faced a net loss of 105 million yuan due to decreased gross margins and increased asset impairments [1] Group 1: Financial Performance - The company achieved an operating income of 1.859 billion yuan in the first half of 2025, which is a 12.41% increase compared to the previous year [1] - The net profit attributable to the parent company was -105 million yuan, indicating a decline compared to the same period last year [1] Group 2: Strategic Initiatives - In response to the slowing growth of traditional fuel vehicles and the rapid development of new energy vehicles, the company is focusing on maintaining its market share while enhancing efficiency and reducing costs [1] - The establishment of Meilixin (Shanghai) Company aims to support breakthroughs in extreme heat dissipation technology and innovations in aluminum-magnesium alloy lightweight materials through collaboration with top domestic research institutions [1] - The company also founded Chongqing Yulai Sheng Precision Technology Co., Ltd. to provide precision components for semiconductor clients, currently serving leading domestic customers in Shanghai and Shenzhen [1]