Economic Observation Network Rongyi Precision (920223) liquid cooling project capacity promotion, affected by multiple factors, resulted in a loss of net profit attributable to the parent company in the first half of the year

Capacity expansion:
All equipment for the 100 million yuan liquid cooling project is in place, and production capacity is ramping up. The Vietnamese base has passed certifications such as IATF16949, which can radiate overseas demand 。

Performance and business situation:
The net profit attributable to the parent company in the first half of the year was -11.2272 million yuan, a year-on-year decrease of 114.92%, mainly affected by the rise in copper prices, financial expenses, and exchange losses Although the liquid cooling business itself has a large volume, the scale effect has not yet diluted fixed costs.

The above content is based on publicly available information and does not constitute investment advice.