Core Viewpoint - The company is actively engaging with leading industry clients and participating in the development of new material processing technologies to meet production requirements [1] Group 1: Company Operations - The company maintains close communication with top clients in the industry [1] - The company is involved in the research and development of processing technologies for new materials [1] - The company has a sufficient backlog of orders, which are being produced and delivered in an orderly manner [1] Group 2: Industry Trends - The demand for AI computing power is driving continuous investment and expansion in the PCB industry [1] - The company plans to dynamically adjust production capacity based on additional customer demand [1]

Financial Performance - The company reported a revenue of 227.30 million yuan for the first half of the year, representing a decrease of 23.26% compared to the same period last year [1][3] - The net profit attributable to shareholders was -22.31 million yuan, indicating a significant increase in losses compared to the previous year [1][3] - The net profit after deducting non-recurring gains and losses was -24.40 million yuan, which also shows an increase in losses year-on-year [1][3] - The net cash flow from operating activities was 10.84 million yuan, a recovery from a negative cash flow of -29.38 million yuan in the previous year [1] Assets and Equity - The net assets attributable to shareholders at the end of the reporting period were 625.23 million yuan, reflecting a year-on-year increase of 22.96% [1] - Total assets amounted to 1.35 billion yuan, which is a 6.34% increase compared to the end of the previous year [1] Business Developments - The company is actively engaged in the research and development of 3D composite copper foil technology and has received positive feedback from terminal testing [2] - A strategic cooperation agreement has been reached with a European semi-solid battery manufacturer, with a supply agreement for key materials expected to be signed upon the completion of the partner's production line [2] - The company has signed an intention procurement agreement to supply 10 million square meters of composite metal materials over the next three years [2] - Efforts are being made to enhance customer service and resource integration in the PCB sector, focusing on high-value-added products to improve core competitiveness [2]

Group 1 - The stock price of Yihau New Materials on July 31 was 31.70 yuan, down 1.74 yuan from the previous trading day, representing a decline of 5.20% [1] - The opening price on the same day was 33.55 yuan, with a highest price of 34.30 yuan and a lowest price of 31.57 yuan, while the trading volume reached 137,693 hands and the transaction amount was 4.51 billion yuan [1] - As of July 20, the number of shareholders for Yihau New Materials was 23,330, a decrease of 26.86% compared to July 10, ranking second in the decline of shareholder numbers on the ChiNext board [1] Group 2 - On July 31, the net outflow of main funds for Yihau New Materials was 25.5484 million yuan, accounting for 1.43% of the circulating market value [2]