CoR sequentially improved turning to positive 2Q net profit growth; first interim dividend in place Scale-down of solar power expansion plan a positive move 2025 EBITDA breakeven goal unchanged Prudence guidance with solid fundamentals Positive on multiple growth drivers ahead despite near-term drags from Jabil integration 风况不佳拖累业绩 财务费用下降与中期派息为亮点 商业化进展顺利，PD-1/VEGF双抗重磅产品潜力凸显 2024H1业绩点评：2024H1业绩超预期，回购股份彰显信心 2024Q2财报点评：利润表现亮眼，竞争优势持续显现 点评报告（港股美股）：运营收入占比提升，应收账款加速回流