News app 02385 released its interim performance for the six months ended June 30, 2024, with group revenue of RMB 0.165 billion, a year-on-year increase of 31.07%; shareholders suffered a loss of RMB 45.069 million, with a loss per share of 13.55 cents.

In the first half of 2024, the Group's efforts in the field of smart education have achieved significant results, with steady sales growth, proving that the company's strategic direction is correct. Faced with the ever-changing market environment and challenges, the company has further deepened the development of digital education resources, launched a variety of smart learning devices, and has been well received in the market.

The company's "AI Love Learning Network" and "Smart Classroom" solutions have been fully deployed in 80 schools and 156 classrooms, serving more than 43,500 students and 5,567 teachers, greatly improving the quality of teaching and learning efficiency, and significantly improving students' learning interest and effectiveness, reducing repeated practice by 33%, and improving learning efficiency by at least 26%.

In addition, the company's smart campus solutions have been adopted by more schools and educational institutions, becoming an important part of the smart campus construction. Through strengthening offline distribution networks and expanding online channels, the company's market coverage has significantly increased, with sales increasing by 31.1% compared to the same period last year.