On August 15, Juli Rigging Co., Ltd. (hereinafter referred to as "Juli Rigging") released its 2025 semi-annual report. During the reporting period, the company achieved operating income of 1.14 billion yuan, a year-on-year increase of 17.45%; achieved net profit attributable to shareholders of listed companies of 9.3508 million yuan, a year-on-year increase of 137.21%; achieved net profit attributable to shareholders of listed companies of 5.5983 million yuan, a year-on-year increase of 5.5983 million yuan, a turnover of -1.5981 million yuan compared with the same period last year.

The company's net profit growth rate is significantly higher than its revenue growth rate, reflecting the structural improvement of profitability. In this regard, the company's management attributed it to "high-end product transformation" and "market volume in emerging fields".

Juli Rigging Announcement stated that in the first half of this year, the market demand in the rigging industry has increased steadily, but the structural differentiation is obvious. The demand in traditional fields is stable: mainly reflected in the slowdown in demand growth in traditional industries such as metallurgy, mining, and construction, but the stock market is still large. The demand growth in emerging fields is strong: mainly reflected in the new energy field, such as: the increase in installed capacity of wind power, photovoltaic, nuclear power, offshore wind power represented by the "dual carbon" target drives the demand for high-intensity and deep-sea economic rigging, the demand for supporting rigging such as 5G base stations, ultra-high voltage, intercity high-speed rail represented by "new infrastructure" increases, and overseas infrastructure projects represented by the "Belt and Road" drive rigging exports.

Juli Rigging is an enterprise specializing in the research and development, manufacturing and sales of rigging. Its main business is the research and development, design, production and sales of rigging and related products. In recent years, the company has actively promoted business transformation and upgrading. The financial report shows that the company's layout in high-end fields such as deep-sea mooring systems and new energy supporting rigging has begun to show results. Especially in the field of deep-sea mooring systems, the company has built a complete product line including single-strand permanent mooring wire rope, mooring fiber cable and deep-sea mooring system accessories. The relevant technical indicators have reached the international leading level and have been successfully applied to high-end scenarios such as deep-sea oil and gas platforms and floating wind power facilities.

It is reported that in the field of deep-sea economy, Juli Rigging has obtained 2 national invention patents and 4 utility model patents, published 1 professional paper, and implemented 2 classification society standards.

In terms of global layout, the company seized the opportunity of the "Belt and Road" construction and made breakthrough progress in overseas business. According to the semi-annual report, Juli Rigging successfully won the bid for the 115 million yuan project of King Fahd Stadium in Saudi Arabia, and provided special rigging solutions for landmark projects such as the Jakarta-Bandung High-speed Railway in Indonesia and the CBD, Egypt's new capital, and its international market share continued to expand.

Wu Wanying, a senior researcher at Tianyi Digital Economy Think Tank, told the Securities Daily reporter: "Joli Rigging's performance growth in the first half of 2025 reflects the positive results of business transformation and structural optimization. The company not only achieved both revenue and net profit improvement, but more importantly, its business structure has undergone major changes, and its dependence on traditional fields such as metallurgy and mining has been greatly reduced, while the proportion of marine engineering and new energy supporting rigging has increased rapidly, which shows that the company's strategic focus has shifted to emerging fields with high growth and high value added results, laying the foundation for future sustainable development."

Looking ahead, Juli Rigging said that the company will focus on three major directions: First, in the field of marine engineering, the company will increase the research and development of deep-sea mooring systems, including single-strand permanent mooring wire ropes, fiber mooring cables, deep-sea mooring system accessories, etc., and combine the advantages of qualification certification technology to expand application scenarios such as offshore floating wind power, deep-sea aquaculture, and deep-sea oil and gas mining. The second is the supporting field of new energy (wind power). The company develops spreaders and operation and maintenance products suitable for large offshore fans above 10MN to seize the global floating wind power mooring chain market. Third, in the field of basic research, the company has carried out cutting-edge projects such as new material smart rigging and cable monitoring technology to form technical reserves to meet the review needs of national-level enterprise technology centers.

Hu Qimu, deputy secretary-general of China Digital Integration 50 Forum, said in an interview with Securities Daily: "Juli Rigging's performance growth is not simply relying on the industry cycle, but a qualitative change achieved by actively adjusting its business structure and seizing the commanding heights of technology. If the company can continue to strengthen its technological advantages, optimize its overseas market layout, and effectively control financial risks in transformation, its growth is more sustainable. Investors can focus on the implementation of orders for the deep-sea mooring system and the changes in the market share in the new energy field."

(Editor Qiao Chuanchuan)