HuaRui(SZ:300626)2025-09-09 08:28Group 1: Company Performance - In the first half of 2025, the company achieved operating revenue of 3.89 billion yuan, an increase of 12.79% compared to the same period last year [2][3] - Main business revenue reached 2.86 billion yuan, up 7.88% year-on-year [2][3] - Net profit attributable to shareholders decreased by 470.26 million yuan, a decline of 55.40% compared to the previous year [2][3] Group 2: Product and Market Focus - The company specializes in the research, design, production, and sales of small power motors and micro-special motors, particularly focusing on commutators [3][4] - The main products include over 2,000 specifications of commutators, which are widely used in electric tools, automotive motors, household appliance motors, and industrial motors [3][4] - The company is actively investing in the development of hollow cup motor commutators and exploring new applications and markets [4] Group 3: Regional Revenue Insights - Domestic revenue accounted for 68.18% of total revenue, with the East China region experiencing a 19.76% year-on-year growth [4] - Revenue in East China primarily comes from the company's main products, including automotive motors and various types of commutators [4] Group 4: Intellectual Property and R&D - As of the first half of 2025, the company and its subsidiaries hold a total of 120 effective patents, including 42 invention patents, 70 utility model patents, and 8 design patents [2][3] - The company is committed to enhancing existing product performance and reliability while actively exploring new fields and applications for commutator products [4] Group 5: Investment Properties - The investment properties mainly consist of factory buildings leased out by Jiangsu Shengke, with efforts to improve the utilization rate of idle factory space [5]