According to the Zhitong Finance App, Hengteng Network (00136) announced that for the year ending December 31, 2017, the company's revenue was 262 million yuan, an increase of 1.3 times over the previous year; the company's owners should account for a profit of 96.216 million yuan, an increase of 21 times over the previous year; and a profit of 0.0012 yuan per share, with no dividends.

The increase in profit was mainly due to the continuous growth of the Internet community service business category, which contributed about 125 million yuan in classification profit this year, compared to about 7.1 million yuan in classification profit in 2016; and about 10.8 million yuan of income from changes in the fair value of equity investment in that year, compared to about 1 million yuan in revenue in 2016.

According to the announcement, the group operated an Internet community service business in communities across China that year, and its turnover increased to 193 million yuan. Among them, the Internet home sector earned about 45.8 million yuan, the newly developed Internet materials logistics business segment earned about 36.7 million yuan, the smart community sector earned about 10.4 million yuan, and other sectors earned about 100,000 yuan.