GOTION(SZ:002074)2025-09-03 00:42Financial Performance - The company achieved a revenue of 193.94 million CNY in the first half of 2025, representing a year-on-year growth of 15.48% [2] - The net profit attributable to shareholders reached 36.7 million CNY, with a year-on-year increase of 35.22% [2][3] - The net cash flow from operating activities increased by over 80% year-on-year [2][9] Market Position - The company's market share in domestic power battery installations rose to 5.18%, ranking fourth in the industry [2] - In the energy storage sector, the company ranked seventh globally in terms of battery shipments [2] Product Development - The company is advancing its all-solid-state battery technology, with a pilot production line achieving a yield rate of 90% [4] - In the first half of 2025, the company shipped approximately 40 GWh of products, marking a year-on-year growth of over 48% [5] Inventory and Production - The increase in inventory is attributed to strong market demand and a strategy to maintain a reasonable safety stock [6] - The company plans to establish new battery production bases in Jiangsu and Wuhu, targeting a total capacity of 40 GWh to meet growing order demands [7] Research and Development - R&D investment for the first half of 2025 was 1.382 billion CNY, a year-on-year increase of 13.34% [12] International Expansion - The company has established deep partnerships with international clients, with overseas revenue reaching 6.4 billion CNY, accounting for 33% of total revenue, an increase of 1.9 percentage points from the end of 2024 [14] New Products and Technologies - The company has launched several new products, including the LMFP-based L600 battery and the "Jinshi" all-solid-state battery [17]