Core Viewpoint - The company reported a decline in revenue and a net loss for the first half of 2025, primarily due to changes in business scope and ongoing project investments impacting income recognition [2][3]. Financial Performance - Revenue for the first half of 2025 was CNY 5,667,075,612.52, a decrease of 10.09% compared to CNY 6,303,196,235.21 in the same period last year [3]. - The net profit attributable to shareholders was a loss of CNY 256,093,623.75, a significant decline from a profit of CNY 28,173,327.40 in the previous year, marking a change of -1,008.99% [3]. - The net profit after excluding non-recurring items was a loss of CNY 250,595,422.24, an improvement from a loss of CNY 518,899,452.44 in the same period last year [3]. - Total assets as of the end of the reporting period were CNY 51,159,659,572.31, a decrease of 0.6% year-on-year [3]. - The net assets attributable to shareholders increased by 1.01% to CNY 16,965,508,064.35 compared to CNY 16,795,744,564.06 at the end of the previous year [3]. Research and Development Achievements - The company achieved significant results in technological and industrial innovation, winning one China Patent Gold Award and two provincial and group-level technology awards [3]. - The company established two new international standards and received 170 new authorized invention patents, including 39 overseas patents [3]. - A new provincial-level research and development platform was added during the reporting period [3]. Product Development - The company developed a series of new products and technologies, including security inspection products that integrate multi-energy imaging technology and innovative system designs [4]. - Progress was made in the development of a large model for security inspection, enabling the generation of text descriptions from instance-level images [4]. - The static CT technology received recognition as a major technological equipment for the first batch in Beijing for 2025 [4]. - A series of innovative products and solutions for lithium battery detection were launched [4]. - The Kunlun Lingjing Agent intelligent system was completed, innovating the integration of large and small models, enhancing capabilities in model access decoupling, rapid agent orchestration, and knowledge construction [4].

Group 1 - The third China International Supply Chain Promotion Expo (Chain Expo) features an Innovation Chain Zone for the first time, showcasing the entire process of transforming innovative achievements into applications [1] - The Innovation Chain Zone attracted 14 institutions and enterprises, including international organizations like the World Intellectual Property Organization and domestic authorities like the National Intellectual Property Administration [1] - The core concept of the Chain Expo is to promote the integration of industry, academia, and research, facilitating the transformation of "golden ideas" from laboratories into "golden keys" for industrial development [1] Group 2 - Tongfang Weishi Technology Co., Ltd. showcased its "Nengpu CT" and "Static CT" security inspection products, receiving positive feedback from major airports and port groups [2] - The company established connections with industry peers from around the world, discussing new scenarios in intelligent security inspection and non-destructive testing [2] - Zhongchu Guoneng (Beijing) Technology Co., Ltd. aims to expand its overseas market by promoting its compressed air energy storage technology, which is derived from advanced research at the Chinese Academy of Sciences [2] Group 3 - Dalian KOTIAN New Materials Co., Ltd. participated in the Innovation Chain Zone, presenting its independently developed metal-modified ceramic aluminum crystal seeds and their market applications [3] - The company emphasized the importance of linking new materials to the global market and fostering collaboration across the industry chain [3] Group 4 - The process of transforming scientific achievements often faces uncertainties, referred to as the "valley of death," which requires a complete innovation chain for support [4] - Dalian KOTIAN's journey from a doctoral thesis to marketable products illustrates the long process of technology transformation, involving over 4,000 trials and a commitment to developing independent intellectual property [4] Group 5 - Compressed air energy storage technology is a complex system requiring long-term investment and collaboration across multiple disciplines [5] - Tongfang Weishi's success with the Static CT project was attributed to its collaborative innovation ecosystem with Tsinghua University, which helped overcome technical challenges [5] Group 6 - The Innovation Chain Zone showcased collaborative innovation results, demonstrating the integration of technologies and resources among different enterprises [6] - Tongfang Weishi has built a comprehensive collaborative innovation ecosystem covering the entire chain from basic materials to intelligent systems, enhancing innovation across the supply chain [6] Group 7 - Zhongchu Guoneng and Wolong Electric's joint development of the world's largest 105 MW two-pole high-speed motor exemplifies successful collaboration in overcoming technical challenges and filling gaps in the domestic market [7] - The companies aim to leverage the Chain Expo to expand cooperation opportunities and promote industrial innovation on a global scale [7]