Group 1: Company Overview - As of the first half of 2025, the company reported total operating revenue of 12.327 billion, a year-on-year decrease of 3.65% [2] - The net profit attributable to shareholders was -312 million, a year-on-year decline of 132.02% [2] - The net profit after deducting non-recurring gains and losses was -165 million, a year-on-year decrease of 126.51% [2] Group 2: Pantum Business Performance - In the first half of 2025, Pantum achieved operating revenue of 2.309 billion, a year-on-year increase of 10% [3] - The net profit was 324 million, a year-on-year decrease of 16% [3] - Overall printer sales decreased by 5%, while A3 copier sales increased by 115% [3] Group 3: Strategic Partnerships and Innovations - Pantum signed a strategic cooperation agreement with Huawei's HarmonyOS, becoming the first third-party printer company to adapt to the HarmonyOS [4] - The company has completed deep adaptation with over 10 domestic operating systems and more than 20 domestic office software [4] - Pantum's "heavy-duty series" service printer was recognized as the "world's most durable printer," capable of printing over 400,000 pages with a paper jam rate of less than 0.02‰ [4] Group 4: Jihai Microelectronics Business Overview - In the first half of 2025, Jihai Microelectronics reported operating revenue of 556 million, a year-on-year decrease of 18% [5] - The net profit was 18 million, a year-on-year decline of 94% [5] - Total chip shipments reached 293 million, a year-on-year increase of 16% [5] Group 5: Product Development and Market Position - Jihai Micro's R&D investment exceeded 30% of its operating revenue [6] - In the second quarter of 2025, operating revenue was 302 million, a quarter-on-quarter increase of 19% [6] - The company launched several new products in the automotive electronics sector, including the AK2 ultrasonic sensor chip and DSI3 network transceiver chip [6][7] Group 6: General Printing Consumables Business - In the first half of 2025, the general consumables business reported operating revenue of 2.697 billion, remaining stable year-on-year [10] - The net profit was 28 million, a year-on-year decrease of 64% [10] - Total sales volume of general consumables remained flat year-on-year [10] Group 7: Market Expansion and Future Strategies - Pantum has made significant progress in the financial sector, with state-owned banks gradually replacing their printers [12] - The company has also achieved initial success in the medical and education sectors, developing smart printers in collaboration with leading AI companies [12] - Jihai Micro aims to position itself among the top integrated circuit design companies in China, focusing on domestic chip replacement [13]