Core Viewpoint - The company has reported its financial performance for the first half of 2025, highlighting a revenue of 4.417 billion yuan and a net profit of 285 million yuan, with a slight increase in gross margin to 19.60% compared to the same period last year [11][12]. Company Overview - The company is engaged in the energy sector, focusing on thermal power generation and environmental protection services [2]. - The company has a significant market presence in Wuxi, with over 70% market share in district heating [13]. Financial Data - For the first half of 2025, the company achieved a revenue of 4.417 billion yuan and a net profit attributable to shareholders of 285 million yuan [11]. - The gross margin for the period was reported at 19.60%, showing a slight improvement from the previous year [11]. Major Shareholder Information - The report does not indicate any changes in the major shareholders or the actual controller of the company [2]. Board Meeting Details - The company's board meeting was held on August 26, 2025, with all nine directors present, confirming the legality and effectiveness of the meeting [3][4]. - The board approved the half-year report and the risk assessment report for Guolian Finance Co., with unanimous support [5][6][8]. Operational Highlights - The company has signed several significant contracts for high-efficiency energy equipment, indicating a recovery in the market [12]. - The company is expanding its overseas market presence, with notable contracts in Indonesia and Iraq [12]. Strategic Initiatives - The company is actively pursuing a "quality improvement and efficiency enhancement" action plan, with a focus on increasing investor returns [11][16]. - The company has implemented a cash dividend policy, distributing a total of 0.45 yuan per share in 2024, which represents 61.08% of the net profit attributable to shareholders [16][17]. Investor Communication - The company emphasizes high-quality information disclosure and maintains active communication with investors, having released 38 reports in the first half of 2025 [19][20]. Governance and Compliance - The company adheres to legal regulations and continuously improves its governance structure, having revised its articles of association and related governance documents [21][22]. - The company has conducted training for key personnel to enhance compliance awareness and capabilities [23].