Core Viewpoint - Deep South Circuit achieved a net profit attributable to shareholders of 1.36 billion yuan in the first half of 2025, representing a year-on-year increase of 37.75% [1] - The company has established itself as a leading player in the PCB industry in China and a pioneer in the packaging substrate sector [1] Financial Performance - In Q2, the net profit attributable to shareholders reached 869 million yuan, showing a year-on-year growth of 42.92% and a quarter-on-quarter increase of 76.74% [1] Industry Outlook - The company benefits from increased demand in the communication sector due to the growth of high-speed switches and optical module products, with a rising proportion of wired communication products [1] - There is a significant year-on-year increase in orders in the data center sector, driven by the demand for AI accelerator cards and the Eagle Stream platform products [1] Product Development - In the packaging substrate sector, the company is steadily advancing the development of storage-related products, with ongoing projects for FC-BGA substrate capacity building, FC-CSP fine line substrates, and RF radio frequency substrate technology improvements [1]