On August 21, shandong daye (603278.SH) released its semi-annual report. From January to June 2024, the company achieved operating revenue of 2.63 billion yuan, a year-on-year decrease of 1.59%; the net profit attributable to shareholders of the parent company was -24.5496 million yuan, a year-on-year decrease of 131.74%; and the net profit after deducting non-recurring gains and losses was 32.0159 million yuan, a year-on-year decrease of 193.83%.

During the reporting period, in the face of the risks and challenges brought about by changes in the domestic and international economic environment, the company's management actively responded around the overall strategy and annual operational objectives, with a focus on improving the quality of operations, solidly promoting various work. Firstly, it continuously strengthens research and development innovation and improves the value-added of its main business, seizes the high point of product manufacturing, and focuses on accelerating the research and development of high-performance new frame materials with super high strength, super high torque, and super high extension. Secondly, it adheres to the domestic market while vigorously expanding the international market, firmly focusing on the national strategy of the belt and road initiative, combining with the global layout and development pace of international tire giants, actively seeking new market opportunities and growth points, and vigorously promoting the "going global" and "strengthening" of overseas markets. Thirdly, it further strengthens the construction of clean energy by utilizing the advantages of abundant light resources, wind resources, and biomass fuel around the factory area, further increases the integrated development of new energy, builds a green and low-carbon pilot demonstration factory, and enhances the company's domestic and international market competitiveness. At present, the wind power project has obtained approval for construction and is in the process of handling project land procedures and bidding, and so on. Fourthly, it seizes the improvement of quality management, optimizes and improves the quality management system, continuously improves product and service quality, and further strengthens the complementary advantages and synergistic effects of shandong daye and shengtong's "dual brand". Fifthly, it strengthens digital and intelligent transformation, continuously explores the deep integration of the company's digital factory with new-generation information technologies such as artificial intelligence, cloud computing, and big data, vigorously promotes intelligent empowerment, improves production efficiency, and reduces energy consumption and labor. In 2024, the company was recognized as a smart factory for steel cord by the Shandong Provincial Department of Industry and Information Technology.