Group 1 - The core viewpoint of the article highlights the financial performance of Shanghai Liangxin Electric Co., Ltd. in the first half of 2025, showcasing significant growth in revenue and profit metrics [1] - The company achieved an operating income of 2.334 billion yuan, representing a year-on-year increase of 16.12% [1] - The net profit attributable to shareholders was 246 million yuan, up 4.11% year-on-year, while the net profit after deducting non-recurring gains and losses reached 224 million yuan, reflecting a 12.51% increase [1] - The net cash flow from operating activities was 171 million yuan, marking a substantial growth of 37.38% [1] Group 2 - Liangxin Electric is a leading player in the high-end market of the domestic low-voltage electrical industry, engaged in the R&D, production, and sales of terminal electrical appliances, distribution electrical appliances, control electrical appliances, and smart home products [1] - In the low-voltage component business, the company is focusing on the renewable energy sector, developing compact, high-performance isolation switches and circuit breakers capable of operating at voltages above 2000V [1] - The company is also actively expanding its presence in the overseas renewable energy market [1] Group 3 - In the smart distribution product segment, Liangxin Electric launched the SEA intelligent panel cabinet during the reporting period, which offers integrated low-voltage distribution solutions for various sectors including education, healthcare, and infrastructure [1] - In the smart living sector, the company introduced a 6-inch smart central control screen series in 2025, which has gained industry recognition for its multifunctionality and high stability, successfully implemented in multiple real estate projects [2]

Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.334 billion, a year-on-year increase of 16.12% [1] - The net profit attributable to shareholders was 246 million, reflecting a year-on-year growth of 4.11% [1] - The net cash flow from operating activities reached 171 million, marking a significant year-on-year increase of 37.38% [1] Product Development - The company has made significant advancements in the renewable energy sector, launching products such as 2P small volume, 2000V+, and UL certified products [1] - The company is focused on creating high-performance framework isolation switches and molded case circuit breakers, achieving products that exceed 2000V [1] - The company is actively expanding its presence in the overseas renewable energy market with UL certified products [1] Smart Distribution Products - The company launched the SEA smart distribution cabinet during the reporting period, targeting various sectors including government, healthcare, small industrial buildings, commercial buildings, and infrastructure [1] - The SEA cabinet provides integrated low-voltage distribution solutions aimed at enhancing safety and efficiency for users [1] Smart Living Products - In 2025, the company introduced a 6-inch smart central control screen series, which has gained industry recognition due to its multifunctionality and high stability [2] - This product series has successfully been implemented in multiple regional real estate projects, providing bulk supply to leading real estate companies [2] Market Position - The company is recognized as a leading player in the high-end market of the domestic low-voltage electrical industry [2] - The company adheres to a customer-centric and market-oriented development philosophy, staying attuned to market dynamics [2]