Core Viewpoint - The rapid development of AI globally has led to a surge in domestic computing power demand, creating significant market opportunities for AIDC (Artificial Intelligence Data Center) and transforming companies like Liangxin Co., Ltd. from traditional low-voltage electrical manufacturers to intelligent distribution solution providers [1][5]. Group 1: Company Performance - In the first half of 2025, Liangxin Co., Ltd. reported a revenue of 2.334 billion yuan, a year-on-year increase of 16.12%, and a net profit attributable to shareholders of 246 million yuan, up 4.11% year-on-year [2][4]. - The company's core business profitability improved significantly, with a net profit excluding non-recurring gains and losses reaching 224 million yuan, a substantial increase of 12.51% year-on-year [2]. Group 2: Market Position and Product Development - Liangxin Co., Ltd. has rapidly entered the top three in the global low-voltage ACB market, with a sales volume of over 250,000 units in 2024, surpassing many international brands and ranking first in the Chinese market [1]. - The company is focusing on the "Two Intelligence and One New" strategy (intelligent distribution, smart living, and new energy), aligning its R&D outcomes with the demands of emerging markets like AIDC [5][6]. Group 3: Financial Metrics - The company's operating costs increased by 17.26% to 1.596 billion yuan, while sales expenses rose by 8.27% to 193 million yuan [4]. - Research and development investment reached 154 million yuan, a 9.42% increase year-on-year, indicating a commitment to innovation [4]. Group 4: ESG Integration - Liangxin Co., Ltd. integrates ESG principles into its strategy, focusing on green production and energy management, with its Hangzhou Bay Super Factory recognized as a "National Green Factory" [8][12]. - The company achieved a clean energy usage of 4,705.14 MWh in 2024, with a green electricity usage ratio of 17% [8]. Group 5: Future Outlook - The ongoing project for the "Intelligent Low-Voltage Electrical R&D and Manufacturing Base" is expected to enhance production capacity and smart manufacturing levels, with an investment of 1.246 billion yuan by mid-2025 [12].