Company Overview - Kairun Co., Ltd. (SZ 300715) announced the convening of its 19th meeting of the 5th Board of Directors on August 25, 2025, to review the full and summary reports for the first half of 2025 [1] - As of the report date, Kairun's market capitalization stands at 4.7 billion yuan [1] Revenue Composition - For the first half of 2025, Kairun's revenue composition is as follows: - Waterproof materials sales accounted for 63.15% - Waterproof engineering construction represented 21.1% - Display panel testing and repair equipment made up 10.13% - Other businesses contributed 5.62% [1]

Core Viewpoint - Kailun Co., Ltd. has shown a slight increase in stock price and notable trading activity, indicating potential investor interest and market dynamics in the waterproof materials and construction industry [1] Company Summary - As of August 6, 2025, Kailun Co., Ltd. shares closed at 10.81 yuan, up by 0.05 yuan, representing a 0.46% increase [1] - The company reported a trading volume of 30,433 lots and a transaction value of 32.859 million yuan, with a price fluctuation of 1.30% [1] - The main business of Kailun Co., Ltd. includes the sale of waterproof materials (77.42% of sales) and waterproof engineering construction (21.61% of sales) [1] - On the same day, the controlling shareholder, Kailun Holdings, released 6 million shares from pledge, accounting for 6.57% of its holdings, while another shareholder, Lu Lijun, released 4 million shares [1] - A block trade occurred on the same day, involving 2.19 million shares at a transaction value of 19.0968 million yuan, with a transaction price of 8.72 yuan, reflecting a discount of 19.33% compared to the closing price [1] Industry Summary - Kailun Co., Ltd. operates within the renovation and building materials industry, with additional involvement in the Jiangsu region and noise control concepts [1] - On August 6, 2025, the main funds experienced a net outflow of 4.7952 million yuan, representing 0.13% of the circulating market value, with a cumulative net outflow of 18.8755 million yuan over the past five days, accounting for 0.52% of the circulating market value [1]