On August 19th, Gelunhui announced its half-yearly report. The company achieved revenue of 1.361 billion yuan, a year-on-year decrease of 3.52%, and a net profit attributable to shareholders of the listed company of 5.0017 million yuan, a year-on-year decrease of 32.84%. In the first half of 2024, the society and the economy made steady progress. In industries such as consumer electronics and new energy vehicles, the competition has gradually transitioned to a new stage of "stock optimization and quality increment", and market share is concentrated to advantageous production areas, enterprises and brands. On the one hand, the company optimizes its product line structure, adheres to the big customer strategy, digs deep into customer needs, and adopts a moderately loose credit policy to maintain market share. At the same time, it increases R&D investment, develops new products and technologies, and actively seeks new market opportunities. On the other hand, it actively and effectively promotes various cost-reducing and efficiency-increasing measures, achieving cost reduction and better resource allocation in aspects such as labor costs, lease expenses, and financial expenses.