Core Insights - In the first half of 2025, the company achieved operating revenue of 121 million yuan, representing a year-on-year growth of 1.59% [1] - The net profit attributable to shareholders was 9.42 million yuan, showing a year-on-year increase of 15.28% [1] Production and Development - The company is advancing the construction of the "soy sauce" production line at the Jialong Kaiping facility, with initial installation and debugging of production equipment completed [1] - A team has been formed for the production line, and initial training on process key points and equipment operation has been conducted [1] - The company is also working on the construction of new product lines, including "fried powder" at the Jialong Shijiazhuang facility, ensuring that key personnel for production and quality control are in place [1] Research and Product Development - Increased investment in research and development has led to the completion of new products such as economical chicken essence, Matsutake fresh sauce (golden edition), honey mustard sauce, and various seasonings [1] - The gold standard and silver standard soy sauces are currently in the trial production stage, which aims to diversify the product range and optimize the product structure [1] - These efforts are intended to strengthen the company's competitive advantage in the market and solidify its market position [1]

Core Viewpoint - The company reported a slight increase in revenue and a significant rise in net profit for the first half of the year, indicating a positive trend in financial performance despite market challenges [1][3]. Financial Performance - The company's operating revenue for the reporting period was 120,639,515.74 CNY, representing a 1.59% increase compared to the same period last year [1]. - The net profit attributable to shareholders was 9,418,629.78 CNY, marking a 15.28% increase year-on-year [1]. - The net profit after deducting non-recurring gains and losses was 8,784,675.38 CNY, which is an 11.29% increase from the previous year [1]. - The net cash flow from operating activities was 11,608,944.18 CNY, a significant increase of 186.51% compared to a negative cash flow of 13,419,579.78 CNY in the same period last year [1]. - Basic and diluted earnings per share were both 0.0101 CNY, reflecting a 16.09% increase from 0.0087 CNY in the previous year [1]. Company Developments - The company has actively adjusted its business strategy in response to market changes, focusing on economic benefits, profit, and quality [3]. - The construction of the "soy sauce" production line in Kaiping has progressed, with initial training for staff and equipment installation completed [3]. - New product development has been emphasized, with several new products completed in the first half of the year, including chicken essence and various sauces, enhancing the product range and market competitiveness [3].