Gelonghui, August 30th | Dida Travel today released its 2024 first-half financial report, with a total revenue of 40.4 billion yuan, a 2% year-on-year increase; adjusted net profit reached 13 billion yuan, a 51.3% year-on-year increase. The announcement stated that, thanks to the support of the light asset model, the company believes it can maintain strong sustainable profit capabilities. In addition, Dida Travel's first-half gross profit and gross margin reached 29.6 billion yuan and 73.3% respectively, consistently maintaining higher gross margins than the industry average. As of June 30, 2024, Dida Travel has registered users of 3.68 billion, providing ride hailing services in 366 cities nationwide, with a total of 17.7 million certified private car owners, a 17% year-on-year increase. The announcement also stated that Dida Travel has been using AI to improve customer service efficiency and user experience, and enhance operational efficiency through advanced technological capabilities. The improved route planning capability has effectively promoted the conversion rate of completed rides, and AI has helped reduce the post-service processing time and average user response time, significantly improving customer service efficiency. Over the past year, Dida Travel has successively cooperated with DingTalk, baidu Maps, Tencent Travel Services, and many other leading internet platforms to jointly explore new growth opportunities. The company's cooperation with more leading internet platforms is currently underway.