On August 23, Gelonghui announced its semi-annual report. In the first half of 2024, the company achieved revenue of 288.3828 million yuan, a decrease of 14.35% year-on-year; net income attributable to shareholders of the listed company was 52.7583 million yuan, a decrease of 37.57% year-on-year; net income attributable to shareholders of the listed company after deducting non-operating gains and losses was 34.7187 million yuan, a decrease of 48.18% year-on-year.
In the first half of 2024, the company faced intensified competition in the industry and continued to focus on internal improvements and expanding market share. It actively responded to the challenging market environment by implementing various operational management measures to increase revenue, reduce costs, improve quality, and enhance efficiency.