The name was changed to “Kangqi Co., Ltd.” to consolidate the dual main business structure. The company's revenue for the first half of the year was 847 million yuan, up 130.33% year on year; net profit attributable to listed companies was 109 million yuan, up 303.31% from the same period last year. Among them, the lens business continued to grow steadily, achieving operating revenue of 337 million yuan, an increase of 10.95% over the previous year. Innovative bank card value-added business services achieved operating revenue of 440 million yuan, net profit attributable to listed companies of 90 million yuan, and gross margin of commodity mail order instalments of 65.88%, driving a significant year-on-year increase in the company's performance. Vertical and horizontal collaboration digs deep into user needs in the banking scene and lays out a full-ecosystem consumer finance system. Qiji Intelligence is a leading innovative service provider for bank card value-added services. It uses its big data analysis advantages to screen a “white list” of bank users, provide product mail order installment and credit card bill installment services, and actively expand service equity installment services to help banks dig deeper into consumer finance. The company deepens the depth and breadth of its business through a joint strategy; vertically, starting with the content that is easiest to monetize, the company integrates richer consumer scenarios such as domestic and foreign hotels, lodging, health, sports, business travel, etc., and helps banks achieve accurate customer marketing, and relies on big data to form refined consumer finance operations; horizontally, the company expands big data channels from banks to operators, air travel, etc., to gradually cultivate the entire internal business chain. Domestic consumer finance is welcoming the golden window period and is steadily advancing the benchmark against Capital One. Currently, emerging consumer groups represented by the post-90s are rapidly rising, and the consumer mentality of “spend first, pay later” is gradually becoming mainstream, and the multi-trillion-dollar consumer finance market is in urgent need of development. At the same time, the inadequate personal credit reporting system of traditional financial institutions in China has created structural opportunities for Kangqi Co., Ltd., which controls data and technology. Kangqi Co., Ltd. has gained the advantage of big data cards in China, taking the lead in helping traditional banks break through consumer finance bottlenecks, and has broad development prospects against the US's rise to Capital One of the top ten banks in the US through its credit card big data strategy. Investment advice: The company was originally a leader in the lens industry. Through the acquisition of Qiji Intelligence, it entered consumer finance services under the domestic big data credit evaluation system, and has big data resources and technical advantages. The 2017-2018 exam preparation EPS is expected to be 0.58 yuan and 0.77 yuan respectively, maintaining a “buy-A” investment rating, and the target price for 6 months is 21 yuan. Risk warning: The development of the consumer finance industry falls short of expectations, financial innovation and supervision risks.