Huisen Intl announces its interim performance for the six months ended June 30, 2024, with revenue of approximately RMB 0.84 billion, a decrease of 43.6% compared to the same period last year. The loss is approximately RMB 380.4 million, a decrease of 336.3% compared to the same period last year. The basic and diluted loss per share is RMB 0.11. Mr. Zeng Ming, an executive director of the company, will resign on August 30, 2024, and Mr. Wu Runlu will take over as the chairman of the board of directors. The company stated that the decline in revenue was mainly due to the continued impact of trade tariffs in Europe and the United States, and strengthened its original design capabilities to launch more ODM products during the reporting period. The board of directors does not recommend distributing interim dividends.

Huisen Intl announces its interim performance for the six months ended June 30, 2024, with revenue of approximately RMB 0.84 billion, a decrease of 43.6% compared to the same period last year. The loss is approximately RMB 380.4 million, a decrease of 336.3% compared to the same period last year. The basic and diluted loss per share is RMB 0.11. Mr. Zeng Ming, an executive director of the company, will resign on August 30, 2024, and Mr. Wu Runlu will take over as the chairman of the board of directors. The company stated that the decline in revenue was mainly due to the continued impact of trade tariffs in Europe and the United States, and strengthened its original design capabilities to launch more ODM products during the reporting period. The board of directors does not recommend distributing interim dividends.