《Star Daily》August 29th news (Reporter: Yujiaxin) Yesterday (August 28th) evening, Shenzhen Fortune Trend Technology released the 2024 interim report.

In the first half of this year, the revenue of Shenzhen Fortune Trend Technology was 14.8 billion yuan, a year-on-year increase of 0.14%; the net income attributable to the mother was 10 billion yuan, a year-on-year decrease of 15.45%.

Looking at the single quarter, the company's net profit attributable to the parent in the second quarter was 50.2 million yuan, a year-on-year decrease of 19.77%, and a flat quarter-on-quarter comparison.

The semi-annual report shows that the company's main business grew by 7.42 million yuan, with a growth rate of 0.51%. The company's other business income decreased by 53.04 million yuan, a decrease of 82.10%.

Shenzhen Fortune Trend Technology is a supplier of domestic securities trading system software and securities information services, with its main business including software sales, maintenance services, and securities information services. It is understood that its brand, 'Tongdaxin', has a high degree of popularity and influence in the field of securities trading software, and its products and services currently cover over 90% of domestic securities institutions.

In terms of customers, Shenzhen Fortune Trend Technology mentioned that over 75% of the company's revenue comes from the sales and maintenance services of securities trading systems for securities companies, and it currently covers over 90% of the domestic securities companies with brokerage business qualifications. The company has a relatively small number of potential new securities company clients.

Due to the slowing growth trend of the B-end business, Shenzhen Fortune Trend Technology is currently expanding the C-end business, but its development is still relatively slow. In terms of revenue composition, during the reporting period, the company's B-end business accounted for a large proportion. Among them, software service income was 60.4247 million yuan, software sales revenue was 53.8507 million yuan, and the C-end securities information service revenue was 33.2358 million yuan, compared to 33.5699 million yuan for the same period last year, showing a year-on-year decline.

"If there is a significant change in the profit model of securities companies in the future, which in turn leads to a significant change in their demand structure, and the company's development of securities information service business for internet users is not as expected, the company will face the risk of declining operating performance." Shenzhen Fortune Trend Technology mentioned.

In the first half of the year, Shenzhen Fortune Trend Technology's R&D investment was 41.4505 million yuan, a year-on-year increase of 30.02%. This is mainly due to increased investment in market data system R&D and increased staff compensation.

Specifically, the number of R&D personnel in the company decreased from 357 in the same period last year to 328, accounting for 69.05% of the total number of employees. As for patents, 2 software copyright patents were obtained. A total of 113 patents were obtained, of which 106 were software copyright patents.

Of the total expected investment in ongoing projects, 0.712 billion yuan is expected to be invested, with a cumulative investment of 0.226 billion yuan. The largest investment is in the "TongdaXi Visual Financial Research Terminal Project", with an expected total investment scale of 0.322 billion yuan.

In the field of AI, the company plans to invest a total of 0.2 billion yuan in the "TongdaXi Open AI Platform" research project. In terms of specific progress, during the reporting period, successful application of large-scale model technology in the Wenxiaoda system. In June, Shenzhen Fortune Trend Technology's TendencyGPT financial model obtained national deep synthesis filing and was tested online in mobile app and PC public version software.

In terms of overseas markets, Shenzhen Fortune Trend Technology's overseas revenue in the first half of the year was 1.417 million yuan, compared to 2.6311 million yuan in the same period last year, a year-on-year decrease of 46.14%.