According to Zhitong Financial App, World Union Bank (002285.SZ) released the 2023 semi-annual report. During the reporting period, the company achieved revenue of 1.93 billion yuan, a year-on-year decrease of 5.93%. Net profit attributable to shareholders of listed companies was 29.038 million yuan, an increase of 8.97% over the previous year. Net non-recurring profit and loss attributable to shareholders of listed companies was RMB 12.172,100, narrower than the previous year by 70.09%. The basic earnings per share was 0.01 yuan.

The main reasons are: 1) Affected by the macroeconomic and real estate markets, while the company actively contracted and adjusted and optimized the urban layout, the company's revenue from major transactions fell 3.89% year on year during the reporting period; 2) On the basis of basically completing space operation business restructuring, optimization and loss reduction goals, it actively expanded new business in core regions and controlled business risks in non-core regions. Revenue from the large asset management business fell 12.69% year on year during the reporting period. After deducting the influence of subsidiaries disposed of last year, actual revenue fell 4.81% year on year; 3) In response to changes in the market environment, the company actively carried out business restructuring and organizational adjustments, etc. The measures reduced costs and increased efficiency. During the reporting period, the company's management expenses and financial expenses were drastically reduced, increasing current profits; 4) The company continued to actively control the scale of financial business, continuously strengthened risk management and control, and recovered stock loans one after another. Credit impairment losses confirmed by the company's loan calculation during the reporting period decreased by 47.066 million yuan year-on-year; 5) The company's confirmed investment income from transferring shares in subsidiaries decreased by 19.0483 million yuan over the same period.