Core Viewpoint - Debang Technology Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, driven by product diversification and strategic acquisitions [1][2]. Financial Performance - The company achieved a revenue of 690 million yuan, representing a year-on-year increase of 49.02% [1]. - Net profit attributable to shareholders reached 45.5735 million yuan, up 35.19% year-on-year [1]. - A cash dividend of 1.00 yuan per 10 shares (including tax) is proposed for all shareholders [1]. Business Development - The growth in performance is attributed to the expansion of product lines and a favorable market environment [1]. - The company focuses on four key areas: integrated circuit packaging, smart terminal packaging, new energy applications, and high-end equipment applications [1]. - A differentiated market strategy has led to an increase in market share [1]. Mergers and Acquisitions - The acquisition of Suzhou Taijino New Materials Technology Co., Ltd. has been completed, enhancing profitability since February 2025 [2]. - The establishment of a new base in Meishan, Sichuan, complements the existing facility in Kunshan, Jiangsu, optimizing national market coverage [2]. R&D Investment - R&D investment amounted to 37.7735 million yuan, a 43.25% increase year-on-year, accounting for 5.47% of revenue [2]. - The company has achieved breakthroughs in several R&D projects, including COF flip chip film adhesive and single-component moisture-curing polyurethane hot melt adhesive for curved screen smartphones [2]. Industry Trends - The demand for packaging materials is growing due to the rapid development of integrated circuits, smart terminals, and new energy industries [2]. - The company is actively exploring overseas markets, particularly in Southeast Asia, to enhance international brand recognition [2].

Core Viewpoint - The company is actively implementing its 2025 "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan, focusing on enhancing operational quality and expanding market presence through innovation and strategic investments [1][11]. Group 1: Business Focus and Market Strategy - The company is concentrating on its core business in integrated circuit packaging materials, targeting four main application areas: integrated circuit packaging, smart terminal packaging, new energy applications, and high-end equipment applications [1]. - A differentiated market strategy has been developed to enhance product market share and strengthen core advantages amid intense competition [1]. - The company has established a solid foundation for industry competitiveness by optimizing its operational system and implementing meticulous management across all business processes [1]. Group 2: Domestic and International Expansion - The completion of the Sichuan Meishan base enhances the company's service capabilities in the southwest region, forming a comprehensive national market coverage [2]. - The company is expanding its global footprint by targeting Southeast Asian markets, including Singapore, Thailand, and Vietnam, to enhance brand value and market penetration [2]. - Participation in international industry exhibitions, such as the CIBF2025, has helped the company establish connections with overseas clients and improve its international brand recognition [2]. Group 3: Financial Performance - The company reported a revenue of 689.94 million yuan, a year-on-year increase of 49.02%, and a net profit of 45.57 million yuan, up 35.19% from the previous year [3]. - Research and development expenses accounted for 5.47% of revenue, supporting technological innovation and product upgrades [3]. Group 4: Research and Development Achievements - The company has obtained 9 new invention patents and 6 utility model patents during the reporting period, with a total of 355 invention patents and 75 utility model patents by the end of the reporting period [3]. - Key product innovations include COF flip chip underfill materials, environmentally friendly water-based conductive adhesives, and polyurethane materials for battery packaging, all of which have been validated by major clients [4][5][6]. Group 5: Corporate Governance and Compliance - The company has established a comprehensive governance structure and continuously improves its governance system in line with legal regulations [7]. - Training programs have been conducted to enhance the compliance awareness and professional skills of the board and management team [7]. Group 6: Investor Relations and Communication - The company emphasizes high-quality information disclosure and maintains a multi-dimensional communication system with investors [8][9]. - A cash dividend of 2.50 yuan per 10 shares was distributed, totaling 35.11 million yuan, reflecting the company's commitment to providing stable returns to shareholders [10]. Group 7: Shareholder Value and Stock Buyback - The company has initiated a stock buyback program, completing the repurchase of 804,951 shares for a total expenditure of 30.87 million yuan, aimed at boosting market confidence and stabilizing share prices [10][11].