According to the Zhitong Finance and Economics APP, China Ludao Technology (02023) announced its interim performance for the six months ended June 30, 2024, with group revenue of 0.553 billion yuan, a year-on-year increase of 36.08%; the shareholder's profit attributable to the shareholder was 41.617 million yuan, a year-on-year increase of 37.56%; and the earnings per share was 0.08 yuan.

The announcement stated that in the second half of the year, the group will continue to strengthen the construction of the supply chain, control procurement costs, manage inventory, and further enhance the group's R&D capabilities to ensure more efficient and accurate development of high value-added products recognized by the market, enhance the bargaining power of group products, improve market prospects, and strive to maintain and expand market share to continue consolidating and strengthening the group's CMS and OBM businesses. In addition, it will not only continue to develop wholesale business, but also explore opportunities for other business development. Through the subsidiary company Guoyao Jingyue's research and development of pharmaceutical, edible aerosol products, and cosmetics, the group's product line will be expanded, and through the subsidiary e-commerce company, sales channels will be expanded, laying the foundation for sustainable growth in future sales revenue. The Chairman and management will closely monitor changes in domestic and foreign situations and market trends, adjust strategies in a timely manner, and aim for better performance for the group.