Shangtang Group Limited announced its interim report on June 30, 2024, showing that the revenue reached RMB 1,739,717 thousand during the period, an increase of 21.4% year-on-year. The gross profit was RMB 766,760 thousand, an 18.2% increase year-on-year. The loss for the period was RMB 2,477,212 thousand, a decrease of 21.2% compared to the same period last year. EBITDA was RMB 2,040,685 thousand, a decrease of 26.5% compared to the same period last year. The company emphasized that despite the loss, it has achieved significant growth in overall revenue and actively optimized operational expenses to reduce losses. During the reporting period, the company did not declare an interim dividend and complied with corporate governance principles to ensure that operations and management are in line with the interests of all shareholders.

Shangtang Group Limited announced its interim report on June 30, 2024, showing that the revenue reached RMB 1,739,717 thousand during the period, an increase of 21.4% year-on-year. The gross profit was RMB 766,760 thousand, an 18.2% increase year-on-year. The loss for the period was RMB 2,477,212 thousand, a decrease of 21.2% compared to the same period last year. EBITDA was RMB 2,040,685 thousand, a decrease of 26.5% compared to the same period last year. The company emphasized that despite the loss, it has achieved significant growth in overall revenue and actively optimized operational expenses to reduce losses. During the reporting period, the company did not declare an interim dividend and complied with corporate governance principles to ensure that operations and management are in line with the interests of all shareholders.