In the first half of the year, RENRUI HR (06919.HK) reported that revenue from digital technology and Cloud Computing Service accounted for 38.2% of overall revenue, with a gross margin of 13.6%. The group's Vice President, Chen Chen, believes that as companies outsource more recruitment and talent management, coupled with the rising demand for digitalization and Technology talent, the business revenue is expected to increase to over 40% compared to this year. As for the professional recruitment business, it is expected to continue to be impacted by weaker market demand, and growth may slow down.

Chen Chen indicated that mainland companies are gradually implementing the expansion of overseas markets, and the company is also responding to requests from some major clients by providing local recruitment and training services and other human resource management services. It is currently actively exploring mergers and acquisitions or establishing overseas companies to develop business in markets such as Southeast Asia, the Middle East, and Latin America.

Chen Chen stated that the company will maintain a payout ratio of 30% of net profit depending on performance. The company paid a final dividend of 0.09 yuan last year. (vc/u)

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