According to the semi-annual report for 2024 released by Meixin Technology (301577.SZ), the company achieved operating income of 0.199 billion yuan, a decrease of 12.82% year-on-year; net income attributable to shareholders of the listed company was 11.3769 million yuan, a decrease of 58.03% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 10.3065 million yuan, a decrease of 62.54% year-on-year; basic earnings per share was 0.27 yuan/share.

During the reporting period, due to price pressure in the internet and new energy vehicle markets, the company selectively implemented competitive price reductions in order to gain more market share; in addition, the company focused on key customers and projects, resulting in significant prior investments. Therefore, the company's revenue in the first half of 2024 slightly declined, while net income decreased significantly compared to the same period last year.