Qitian Technology Group (300061) disclosed the third quarter report for 2024 on the evening of October 29th. The company achieved revenue of 0.515 billion yuan and a net profit attributable to the parent company of -20.0314 million yuan in the first three quarters. During the reporting period, due to the tightening of marketing budgets of major cooperative clients and adjustments in cooperation models, coupled with intensified industry competition, the business scale of the company's core businesses, digital life marketing and bank card value-added marketing, decreased compared to the same period last year. At the same time, the subsidiary Europe Fly optimized asset allocation system, effectively improving asset utilization efficiency, and strengthened internal cash flow management, controlling the net outflow of cash from operating activities to some extent.