On August 26, Gaogong (002106.SZ) announced its semi-annual report. In the first half of 2024, the company achieved revenue of 2.937 billion yuan, an increase of 181.5143 million yuan or 6.59% compared to the same period last year. This was mainly due to the increase in sales revenue of large-sized capacitive touch screens and automotive glass products compared to the same period last year. In the first half of 2024, the company achieved a net profit attributable to shareholders of listed companies of 0.21 billion yuan, an increase of 13.4704 million yuan or 6.82% compared to the same period last year. This was mainly due to the growth in sales revenue compared to the same period last year, as well as the continuous promotion of production line automation and information system upgrades in recent years, which further improved production management and efficiency, reduced production costs, and increased gross margin of product sales. The gross margin of sales in this reporting period increased compared to the same period last year, thereby bringing certain positive impact to the operating performance. However, in this reporting period, the significant decrease in realized foreign exchange gains compared to the same period last year, the new establishment expenses of the new subsidiary Laibao Display, and the interest expenses accrued on investment funds received with repurchase clauses at the agreed interest rate had an impact. The expenses of management and financial costs in this reporting period increased compared to the same period last year, thereby bringing certain negative impact to the company's operating performance.