美亚光电(002690) - 2025年8月26日投资者关系活动记录表

Financial Performance - The company achieved a revenue of 1.023 billion yuan in the first half of 2025, representing a year-on-year growth of 10% [3] - Net profit reached 303 million yuan, with an increase of 11.34% compared to the previous year [3] - Operating cash flow net amount was 393 million yuan, a significant increase of 125% year-on-year [3] - The overall gross profit margin improved by 1.26 percentage points compared to the previous year [3] Business Segments - The color sorting machine business maintained a strong market performance, particularly in the recycling resource sector, which showed rapid growth [3][4] - The medical segment faced challenges due to a sluggish dental industry and intense market competition, but it has started to recover from a significant revenue decline since 2024 [3][5] Market Dynamics - Export growth slowed due to trade friction and tariff impacts, but there remains significant market potential in developing countries for color sorting machines [6] - The company has registered products in over 50 countries and regions, with good export performance in medical products in the first half of 2025 [13] Innovation and Technology - The company launched the AI-powered color sorting machine "Meiya Master 4.0," enhancing production line decision-making capabilities [9] - In the medical field, the company introduced the "Meiya Imaging" system, integrating hardware, software, and ecosystem for intelligent dental diagnosis [10] Future Outlook - The company anticipates continued growth in the dental industry, supported by demographic trends and ongoing investments in digitalization and marketing [5][11] - Contract liabilities as of June 30 reached 105 million yuan, a 117% increase from the beginning of the year, indicating a potential increase in order volume [8] - The company plans to maintain its profit distribution policy, ensuring returns to investors while managing capital expenditures prudently [14]