According to the financial news app, ST Dongshi (603377.SH) disclosed its semi-annual report for 2024. During the reporting period, the company achieved a revenue of 0.431 billion yuan, a decrease of 14.04% compared to the same period last year. The net loss attributable to the parent company was 72.71 million yuan, expanding year-on-year. The non-recurring net profit was a loss of 72.94 million yuan, expanding year-on-year. The basic earnings per share was -0.1 yuan.

Due to the slowdown in the recovery of the domestic macroeconomy and consumer downgrading, and the company's suspected violation of information disclosure laws and regulations, the China Securities Regulatory Commission (CSRC) has launched an investigation into the company. As a result, the number of trainees in the company decreased in the first half of 2024 compared to the previous year. With the gradual recovery of social production and life from the impact of domestic public health events, the company's labor costs in the first half of 2024 increased compared to the same period last year. This led to a decrease in revenue and net profit year-on-year.