Summary by Futu AI
Differ GP Auto Co., Ltd. ("the Company") announced its interim report for the six months ended June 30, 2024. The report shows that the company's revenue decreased by 82.4% compared to the same period last year, mainly due to a decrease in income from asset management business and financial related services. The company recorded a loss of approximately RMB 131,800,000 during the reporting period, slightly lower than the same period last year. In addition, the company is facing a liquidation application from creditors and is seeking to resolve the issue through debt restructuring. In February 2024, the company conducted a stock merger and increased its authorized capital, and completed a stock placement in the same month, raising approximately RMB 12,200,000. The board of directors did not recommend the distribution of interim dividends.