Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, indicating challenges in its operational performance while focusing on strategic development and innovation in core business areas [6][8]. Financial Performance - The company's operating revenue for the reporting period was 306.31 million yuan, a decrease of 12.23% compared to 348.99 million yuan in the same period last year [6][8]. - The net profit attributable to shareholders was -7.15 million yuan, showing an improvement of 24.37% from -9.46 million yuan in the previous year [6][8]. - The net cash flow from operating activities was -132.27 million yuan, a decline of 8.22% from -122.22 million yuan year-on-year [6][8]. - Basic earnings per share were -0.03 yuan, an improvement of 25% from -0.04 yuan in the previous year [6][8]. Asset and Equity Position - Total assets at the end of the reporting period were 691.78 million yuan, down 17.45% from 838.02 million yuan at the end of the previous year [2]. - The net assets attributable to shareholders decreased by 28.21% to 10.30 million yuan from 14.35 million yuan [2]. Strategic Focus and Business Development - The company is focusing on core technology innovation and enhancing its competitive edge in the fields of communication, multimedia solutions, and smart lighting [7][8]. - The company aims to optimize its industrial layout and explore new business directions while maintaining traditional industry scales [4][8]. - Significant progress has been made in smart wiring and lighting products, with successful applications in various key projects [5][7]. Corporate Governance and Management - The company has maintained its commitment to high-quality development and strategic alignment with national policies [3][8]. - There were no changes in the controlling shareholder or actual controller during the reporting period [3].