Ningbo Solartron Technology (688299.SH) announced its semi-annual report on August 27. During the reporting period, the company achieved revenue of 647.0348 million yuan, a year-on-year increase of 14.82%, and achieved a net income of 17.0574 million yuan, a year-on-year decrease of 71.92%. Among them, the sales revenue of reflective films steadily increased, with a gross margin of 36.56%, maintaining a high level. The proportion of high-end products in the optical base film continued to increase, and the gross margin improved quarterly, with a year-on-year increase of 8.50 percentage points. The main reason for the decline in net income during the reporting period is that the company's separator and other projects are still in the capacity climbing and construction period, and the capacity has yet to be released, resulting in certain losses. With the subsequent release of capacity, this situation is expected to be reversed. In addition, the company's financial expenses increased compared to the same period last year.