Himile Science And Technology(SZ:002595)2025-12-25 08:14Group 1: Business Performance - In the first half of 2025, the tire mold business achieved revenue of 2.628 billion CNY, a year-on-year increase of 18.56% [2] - The large component machinery products generated revenue of 1.947 billion CNY, with a year-on-year growth of 32.94% [2] - The CNC machine tool business reported revenue of 1.451 billion CNY, reflecting a year-on-year increase of 5.06% [2] Group 2: Profitability and Margins - The gross margin for the tire mold business in the first half of 2025 was 40.21%, a decrease of 1.00 percentage point year-on-year, primarily due to changes in product structure and an increase in personnel [2] Group 3: International Expansion - The company has established subsidiaries in multiple countries including the USA, Thailand, Hungary, India, Brazil, Vietnam, Mexico, and Cambodia, enhancing its global production service system [3] - Currently, overseas production capacity accounts for approximately 10% of the total mold capacity [3] Group 4: Product Development and Market Trends - The company’s large component machinery products are operating at full capacity, with strong order volumes [3] - Future growth may be influenced by market changes, supply-demand relationships, and policy dynamics [3] - Wind power product prices have been volatile, while gas turbine product prices remain relatively stable [3] Group 5: Innovation and Employee Engagement - The company promotes a culture of innovation, encouraging all employees to contribute to improvements and fostering an environment that tolerates failure [4] - Three phases of employee stock ownership plans were implemented in 2022, 2023, and 2025, with future plans to be determined based on comprehensive considerations [5]