On July 10th, Gelunhui reported that ST Infinova (002528.SZ) is expected to lose 76 million to 90 million yuan in the first half of the year, and non-net loss of 75 million to 91 million yuan. During the reporting period, the company deeply promoted resource integration and optimization of business structure, focusing on the development of core main business. With the advantage of headquarters technology, supply chain, e-commerce channels and other advantages, it empowered overseas subsidiaries to improve core competitiveness. Gross margin has a significant increase compared with the same period last year. Meanwhile, it actively reduced fees and increased efficiency, and the operating benefits of Swann, the main subsidiary, improved significantly. In addition, due to the continuous decline in the scale and gross margin of the Internet marketing business of subsidiary Xinpu Internet (Beijing) Technology Co., Ltd. in recent years, it has had a certain impact on the overall financial situation and operating results of the company, and the company has adopted a contraction strategy, which has a certain negative impact on the company's profitability in the short term. The company's headquarters has also taken strict measures to control expenses, improve quality and efficiency, and effectively save costs and expenses. Overall, the company's net income is expected to decrease year-on-year during the reporting period.