Shenzhen Neoway Technology (688159.SH) announced its semi-annual report on August 29th. In the first half of 2024, the company achieved revenue of 1.76 billion yuan, a year-on-year increase of 320.74%. Research and development expenditure was 51.6694 million yuan, a decrease of 11.65% compared to the same period last year, accounting for 2.93% of the revenue. Net income attributable to shareholders of the listed company was 81.5923 million yuan, a year-on-year change of 283.44%. At the end of the reporting period, the company's total assets were 1714.7254 million yuan, an increase of 9.27% year-on-year; and the equity attributable to owners of the listed company was 830.1933 million yuan, an increase of 11.42% year-on-year.