In the first half of 2024, Ruihe Data achieved a revenue of approximately CNY 181,011,000, an increase of about 49.4% compared to the same period last year. This growth is mainly due to the company's strategic adjustment of business direction, expanding into new areas, and focusing on innovative applications of CNI data factors, the integration of data assets and the development of domestic alternatives in the information technology field. During the reporting period, the gross profit was approximately CNY 14,577,000, a decrease of about 42.4% compared to the same period last year, mainly due to the adjustment of revenue structure, an increase in the proportion of comprehensive services integrating commodity trade, sales of hardware and related services. The net loss was approximately CNY 38,635,000, a...Show More

In the first half of 2024, Ruihe Data achieved a revenue of approximately CNY 181,011,000, an increase of about 49.4% compared to the same period last year. This growth is mainly due to the company's strategic adjustment of business direction, expanding into new areas, and focusing on innovative applications of CNI data factors, the integration of data assets and the development of domestic alternatives in the information technology field. During the reporting period, the gross profit was approximately CNY 14,577,000, a decrease of about 42.4% compared to the same period last year, mainly due to the adjustment of revenue structure, an increase in the proportion of comprehensive services integrating commodity trade, sales of hardware and related services. The net loss was approximately CNY 38,635,000, a decrease of 38.8% compared to the same period last year. The main reasons for the reduction in losses include the optimization of project management mode, improvement in accounts receivable management, adjustments in organizational structure, optimization of the compensation incentive system, and a decrease in research and development expenses. The basic loss per share and diluted loss per share during the reporting period decreased by 55.8%, approximately CNY 5.48.