INVESTECH HLDGS(01087)

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威讯控股(01087.HK)发盈警 预计中期净亏损同比减少至约1200万-1600万元
Sou Hu Cai Jing· 2025-08-21 08:57
威讯控股(01087.HK)发布公告,预期集团于截至2025年6月30日止六个月将取得净亏损减少至约人民币 1200万元至人民币1600万元,而于截至2024年6月30日止六个月则取得约人民币4050万元,主要乃由于 (i)期内投资物业公允价值亏损较截至2024年6月30日止六个月的约人民币1490万元有所减少;及(ii)期内毛 利较截至2024年6月30日止六个月的约人民币2330万元有所增加,原因为集团于中国的资讯科技基础设 施系统整合业务的销售表现有所改善。集团投资物业公允价值亏损为非现金项目且对集团的现金流量及 营运并无即时影响。 ...
威讯控股(01087.HK):预计中期净亏损减少至1200万至1600万元
Ge Long Hui· 2025-08-21 08:45
相关事件 威讯控股(01087.HK):预计中期净亏损减少至1200万至1600万元 威讯控股(01087.HK)将于8月27日召开 董事会会议以审批中期业绩 格隆汇8月21日丨威讯控股(01087.HK)发布公告,截至2025年6月30日止六个月,预期集团于期内将录得 净亏损减少至介乎约人民币1200万元至人民币1600万元,而于截至2024年6月30日止六个月则录得约人 民币4050万元,主要由于(i)期内投资物业公允价值亏损较截至2024年6月30日止六个月的约人民币1490 万元有所减少;及(ii)期内毛利较截至2024年6月30日止六个月的约人民币2330万元有所增加,原因为集 团于中国的资讯科技基础设施系统整合业务的销售表现有所改善。集团投资物业公允价值亏损为非现金 项目且对集团的现金流量及营运并无即时影响。 ...
威讯控股(01087) - 截至二零二五年六月三十日止六个月财务表现之更新资料
2025-08-21 08:34
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責, 對其準確性或完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 截至二零二五年六月三十日止六個月財務表現之 更新資料 本公告乃由威訊控股有限公司(「本公司」,連同其附屬公司統稱「本集團」)根據 香港聯合交易所有限公司證券上市規則(「上市規則」)第13.09(2)(a) 條及香港法例 第571章證券及期貨條例第XIVA部項下之內幕消息條文(定義見上市規則)而刊發。 本公司董事(「董事」)會(「董事會」)謹此知會本公司股東(「股東」)及本公司有意 投資者,根據對本集團截至二零二五年六月三十日止六個月(「期內」)未經審核綜 合管理賬目(「管理賬目」)所作的初步審閱以及對董事會現時可得資料所作的評 估,預期本集團於期內將錄得淨虧損減少至介乎約人民幣12.0百萬元至人民幣16.0 百萬元,而於截至二零二四年六月三十日止六個月則錄得約人民幣40.5百萬元,主 要乃由於(i)期內投資物業公允價值虧損較截至二零二四年六月三十日止六個月的 約人民幣14.9百萬元有所減少;及(ii) 期 ...
威讯控股(01087) - 董事会会议通告
2025-08-15 09:29
InvesTech Holdings Limited 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責, 對其準確性或完整性亦不發表任何聲明,並表明不會就因本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 於本公告日期,執行董事為陳錫強先生(主席兼總裁)、田一妤女士及周易先生, 非執行董事為王佇維先生,而獨立非執行董事為韓銘生先生、鄧澍焙先生及曾少 欣先生。 威 訊 控 股 有 限 公 司 (股份代號:1087) ( 於 開 曼 群 島 註 冊 成 立 並 於 百 慕 達 存 續 的 有 限 公 司 ) 威訊控股有限公司(「本公司」,連同其附屬公司為「本集團」)董事(「董事」)會(「董 事會」)謹此宣佈,本公司謹訂於二零二五年八月二十七日(星期三)舉行董事會會 議,藉以(其中包括)(i)考慮及批准本集團截至二零二五年六月三十日止六個月之 未經審核綜合財務業績及其刊發,並(ii)考慮建議派付中期股息(如有)。 陳錫強 香港,二零二五年八月十五日 董事會會議通告 承董事會命 威訊控股有限公司 主席兼總裁 ...
威讯控股(01087) - 截至2025年7月31日止月份之股份发行人的证券变动月报表
2025-08-01 11:08
股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: 新提交 | | --- | --- | --- | | 致:香港交易及結算所有限公司 | | | | 公司名稱: | 威訊控股有限公司 | | | 呈交日期: | 2025年8月1日 | | I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01087 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.01 USD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | ...
威讯控股(01087.HK)7月2日收盘上涨14.67%,成交47.39万港元
Jin Rong Jie· 2025-07-02 08:36
Company Overview - Weixin Holdings Limited, formerly known as Honglin Technology Group Limited, is listed on the Hong Kong Stock Exchange under the stock code 01087.HK. The company primarily engages in network system integration, professional network services, and mobile software platforms [3]. Financial Performance - As of December 31, 2024, Weixin Holdings reported total revenue of 466 million yuan, a year-on-year decrease of 16.93%. The net profit attributable to shareholders was -63.54 million yuan, reflecting a 54.14% decline compared to the previous year. The gross profit margin stood at 12.32%, and the debt-to-asset ratio was 68.86% [2]. Stock Performance - Over the past month, Weixin Holdings has seen a cumulative increase of 8.7%, and since the beginning of the year, the stock has risen by 22.95%, outperforming the Hang Seng Index, which has increased by 20% [2]. Industry Valuation - The average price-to-earnings (P/E) ratio for the software services industry (TTM) is -11.69, with a median of -2.41. Weixin Holdings has a P/E ratio of -1.09, ranking 138th in the industry [3]. Business Operations - The company's main subsidiary, Weifang Systems, is a leading provider of next-generation network communication integration solutions and professional services, with over 20 years of experience in network integration. Weifang has established a presence in major cities across China, covering the entire Greater China region [4]. Client Base and Partnerships - Weifang Systems has formed solid business alliances with top industry players such as CISCO, NetApp, and NOKIA. The company serves a large client base, including nearly 300 Fortune 500 companies, and has a diverse clientele that includes large multinational and local enterprises, government departments, and educational institutions [5]. Strategic Focus - Weifang Systems aims to transition from a traditional system integrator to a provider of solutions and professional services, focusing on next-generation network (NGN) construction and development of new value-added services. The company leverages its extensive experience and strong technical capabilities to meet the needs of telecom operators and enterprise clients [6].
威讯控股(01087) - 2024 - 年度财报
2025-04-22 08:30
Financial Performance - The Group's financial performance was adversely affected by intense competition in Mainland China and global market uncertainty, leading to a decline in sales orders and overall sales[17]. - Revenue for the year ended December 31, 2024, was RMB 466,031,000, a decrease of 16.9% from RMB 561,011,000 in 2023[32]. - Gross profit for 2024 was RMB 57,434,000, down from RMB 69,698,000 in 2023, resulting in a gross profit margin of 12.3%[32][40]. - Loss before tax increased to RMB 66,505,000 in 2024 from RMB 33,519,000 in 2023, indicating a significant rise in operational challenges[32]. - The net loss margin for 2024 was (13.6%), compared to (6.3%) in 2023, reflecting worsening financial performance[40]. - A net loss of approximately RMB 63.5 million was recorded for the year, compared to a net loss of approximately RMB 35.4 million in 2023[48]. - The Group recorded a gross profit of approximately RMB 57.4 million, a decrease of approximately RMB 12.3 million or approximately 17.6% compared to 2023, with a gross profit margin of approximately 12.3%[69]. - Other comprehensive loss for the year totaled approximately RMB 1,932,000, contributing to a total comprehensive loss of approximately RMB 65.5 million[46]. Revenue Breakdown - Revenue from the IT infrastructure system integration segment was approximately RMB 434.0 million for the year, down from approximately RMB 504.7 million in 2023[56]. - Revenue from the smart office software solutions business was significantly impacted, leading to a decline in sales due to conservative spending by multinational corporations[57]. - Revenue from the Hong Kong region's Library Project was approximately RMB 85.2 million, representing a decrease of approximately RMB 20.5 million or approximately 19.4% compared to 2023[54]. - Revenue from smart office software solutions decreased by approximately RMB 24.3 million or 43.2%, totaling approximately RMB 32.0 million for the Year[61]. Cost Management and Expenditures - Stringent controls on expenditures will be implemented to manage uncertainties related to economic and political conditions[26]. - The company will implement strict cost controls to manage uncertainties related to economic and political conditions[28]. - The cost of sales decreased by approximately RMB 82.7 million or 16.8% to approximately RMB 408.6 million for the Year, in line with the decrease in revenue[68]. - The Group's administrative expenses decreased by approximately RMB 0.3 million or 0.5% to approximately RMB 62.0 million for the Year[76]. Cash Flow and Financing - Cash flows from operating activities improved to RMB 7,640,000 in 2024, compared to a cash outflow of RMB 36,906,000 in 2023[44]. - The net cash from operating activities for the year was approximately RMB 7.6 million[103]. - The net cash used in financing activities was approximately RMB 3.0 million, primarily due to the repayment of bank borrowings of approximately RMB 195.8 million and new borrowings of approximately RMB 200.2 million[104]. - Capital expenditures for the year were approximately RMB 3.0 million, significantly lower than RMB 88.1 million in 2023[106]. Strategic Initiatives - The Group has incorporated AI into its product features to enhance innovation and improve customer productivity and efficiency[20]. - The Group plans to enhance product innovation in AI and green technology to align with global sustainability trends and improve competitive edge[26]. - The Group aims to enhance product innovation and competitiveness, particularly in AI and green technology, to strengthen its market position[131]. - The Group remains cautiously optimistic about business prospects due to new market opportunities created by China's "Going Global" strategy and the Belt and Road Initiative[130]. Market Environment - The worldwide IT market experienced a slight rebound in the second half of the year, driven by advancements in AI technologies, presenting both challenges and opportunities for the Group[20]. - The operational environment faced challenges including intense competition in the China market and uncertainties in the global economy, affecting customer demand and sales orders[48]. Governance and Leadership - The company has a diverse board with members holding various qualifications, including CPA and CFA designations, enhancing its governance and financial oversight[160]. - The Board consists of three executive Directors, one non-executive Director, and three independent non-executive Directors as of December 31, 2024[176]. - The Board held a total of 9 meetings during the Year, with 2 written resolutions passed[182]. - The Board is responsible for overseeing major matters, including financial objectives and risk management[181]. Employee and Operational Metrics - The total number of employees decreased to 323 in 2024 from 325 in 2023, with notable changes in various departments[124]. - The average turnover days for trade and bills receivables increased to 230 days as of December 31, 2024, from 202 days in 2023, due to longer collection periods[97]. - The Group's cash conversion cycle increased from 73 days in 2023 to 100 days in 2024, influenced by the rise in average turnover days for trade and bill receivables[98].
威讯控股(01087) - 2024 - 年度业绩
2025-03-31 12:35
Financial Performance - For the year ended December 31, 2024, the company recorded total revenue of approximately RMB 466.0 million, a decrease of approximately RMB 95.0 million or about 16.9% compared to RMB 561.0 million for the year ended December 31, 2023[4] - The net loss for the year ended December 31, 2024, was approximately RMB 63.5 million, compared to a net loss of approximately RMB 35.4 million for the year ended December 31, 2023[4] - Basic and diluted loss per share for the year ended December 31, 2024, was approximately RMB 32.33, compared to RMB 28.90 for the year ended December 31, 2023[4] - The company reported a gross profit of RMB 57.4 million for the year ended December 31, 2024, down from RMB 69.7 million in the previous year[5] - Total revenue from customer contracts decreased to RMB 466,031,000 in 2024 from RMB 561,011,000 in 2023, representing a decline of approximately 17%[20] - Revenue from external customers in mainland China decreased to RMB 361,386,000 in 2024 from RMB 427,155,000 in 2023, representing a decline of approximately 15.4%[18] - Revenue from the IT infrastructure system integration segment was approximately RMB 434.0 million, down from RMB 504.7 million in 2023[44] - Revenue from smart office software solutions decreased by approximately RMB 24.3 million or about 43.2% to approximately RMB 32.0 million, compared to RMB 56.3 million in 2023[45] - The pre-tax loss attributable to the parent company increased to RMB 63,549,000 in 2024 from RMB 41,229,000 in 2023, reflecting a rise of about 54%[28] Cash Flow and Liquidity - Cash and cash equivalents at the end of the year were RMB 85.5 million, an increase from RMB 76.2 million at the end of the previous year[9] - The company generated net cash inflow from operating activities of RMB 7.6 million for the year ended December 31, 2024, compared to an outflow of RMB 36.9 million in the previous year[9] - The group has implemented measures to enhance liquidity and believes it will have sufficient working capital to meet its financial obligations over the next 15 months[14] - The average turnover days for trade and bills receivables increased to 230 days from 202 days in the previous year, impacting the cash conversion cycle which rose from 73 days to 100 days[62] Assets and Liabilities - Total assets less current liabilities amounted to RMB 222.1 million as of December 31, 2024, down from RMB 279.4 million in the previous year[8] - The company’s total equity was RMB 212.4 million as of December 31, 2024, compared to RMB 266.8 million in the previous year[8] - The group reported a net loss of approximately RMB 63,549,000 for the year ending December 31, 2024, with current liabilities exceeding current assets by approximately RMB 10,742,000[14] - As of December 31, 2024, the company's debt-to-capital ratio increased to approximately 33.7% from 31.2% in the previous year, mainly due to a decrease in total assets[58] - The company had interest-bearing bank and other borrowings totaling approximately RMB 201.4 million as of December 31, 2024, up from RMB 169.6 million in the previous year[58] Expenses and Costs - The cost of sold inventory decreased to RMB 406,772,000 in 2024 from RMB 488,535,000 in 2023, a reduction of about 17%[22] - Financing costs increased to RMB 13,303,000 in 2024 from RMB 10,704,000 in 2023, marking an increase of approximately 24%[21] - Sales and distribution expenses decreased by approximately RMB 1.4 million or about 5.1% to approximately RMB 26.0 million, compared to RMB 27.4 million in 2023[51] - Administrative expenses decreased by approximately RMB 0.3 million or about 0.5% to approximately RMB 62.0 million, remaining stable compared to 2023[52] - Research and development costs rose to RMB 22,465,000 in 2024 from RMB 21,963,000 in 2023, an increase of about 2.3%[22] Impairments and Fair Value Losses - The company incurred a goodwill impairment of RMB 8.5 million during the year ended December 31, 2024[5] - The fair value loss on investment properties increased to RMB 16,082,000 in 2024 from RMB 6,812,000 in 2023, indicating a significant decline in property value[22] - The company recorded a fair value loss of approximately RMB 2.9 million on equity investments, compared to RMB 3.0 million in 2023, due to market impacts from geopolitical tensions and economic fluctuations[70] Strategic Initiatives and Future Outlook - The company maintained strategic partnerships with major technology firms to expand its customer base and enhance service offerings[43] - The company is focusing on expanding its target customer base beyond multinational corporations to include domestic manufacturers[45] - The company is actively exploring potential mergers and acquisitions to strengthen its market position[82] - The company remains cautiously optimistic about business prospects, actively seeking opportunities domestically and internationally while implementing strict cost control measures[74] Corporate Governance and Reporting - The board does not recommend declaring any final dividend for the year ended December 31, 2024, similar to the previous year[75] - The company has maintained a public float of at least 25% of its issued shares as required by listing rules[81] - The annual report for the fiscal year ending December 31, 2024, will be published on the Hong Kong Stock Exchange and the company's website at the appropriate time[82] - The company is committed to adhering to all applicable information as required by listing rules[82] - The report will include all relevant data as stipulated by the listing rules[82] - The company aims to enhance transparency and provide stakeholders with timely updates on financial performance[82] - The board includes independent non-executive directors, ensuring diverse oversight[82]
威讯控股(01087) - 2024 - 中期财报
2024-09-19 08:06
Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 227,297,000, a decrease of 13.1% from RMB 261,641,000 in 2023[6] - Gross profit for the same period was RMB 23,338,000, down 30.0% from RMB 33,355,000 in 2023[6] - Loss before tax increased to RMB 41,895,000 compared to RMB 18,710,000 in the previous year[6] - Loss for the period attributable to owners of the parent was RMB 40,467,000, compared to a profit of RMB 23,133,000 in 2023[6] - Basic and diluted loss per share for the period was (20.94) RMB cents, compared to (16.41) RMB cents in 2023[7] - Total revenue decreased by approximately RMB34.3 million or approximately 13.1% to approximately RMB227.3 million for the six months ended 30 June 2024 compared to RMB261.6 million for the same period in 2023[17] - Gross profit decreased by approximately RMB10.1 million or approximately 30.2% to approximately RMB23.3 million for the Period, with a gross profit margin of approximately 10.3%, down from 12.7% in the previous year[20] - A net loss of approximately RMB40.5 million was recorded for the Period, compared to a net loss of approximately RMB19.3 million for the six months ended 30 June 2023[17] - The Group recorded a loss for the period of approximately RMB 40.5 million, an increase from approximately RMB 19.3 million in the same period last year, primarily due to fair value losses on investment properties[31] - Total comprehensive loss for the period was RMB 40,626,000, up from RMB 17,963,000 in the previous year, indicating a year-over-year increase of about 126.1%[106] Operational Challenges - The company has experienced a significant increase in losses, indicating potential challenges in operational efficiency and market conditions[6] - Future outlook may involve strategic adjustments to address the declining revenue and increasing losses[6] - The Group aims to strengthen its product portfolio and expand its customer base and sales network, expecting improved sales performance in the second half of 2024[45] - The Group will continue to develop and optimize smart office solutions, incorporating Artificial Intelligence (AI) to enhance productivity and efficiency[46] - The Group's strategic partnerships with various tech giants aim to enhance customer relationships and acquire new customers despite market challenges[14] Financial Position - Total assets as of 30 June 2024 were approximately RMB743,498,000, a slight decrease from RMB746,400,000 as of 31 December 2023[11] - Interest-bearing bank and other borrowings increased to approximately RMB184,597,000 as of 30 June 2024, up from RMB169,561,000 as of 31 December 2023[11] - The Group maintained a current ratio of 1.0 as of 30 June 2024, consistent with the previous period[11] - The gearing ratio as of June 30, 2024, was approximately 32.4%, compared to 31.2% as of December 31, 2023, indicating stable financial leverage[32] - The Group had net assets of approximately RMB 236.0 million, indicating the ability to meet redemption obligations under the Convertible Bond[67] Cash Flow and Investments - Net cash used in operating activities for the period was approximately RMB 34.7 million, while net cash generated from financing activities was approximately RMB 12.9 million[38] - The net cash generated from investing activities was approximately RMB 1.0 million, primarily from the sale of debt investments[39] - The Group recorded a fair value loss on equity investments at fair value through profit or loss of approximately RMB 2.9 million during the period[44] - The fair value loss on investment properties for the period was approximately RMB 14.9 million, contributing to the overall loss[31] - The Group's cash and cash equivalents decreased to RMB 55,142,000 as of June 30, 2024, from RMB 76,196,000 at the end of 2023, representing a decrease of approximately 27.6%[109] Share Capital and Corporate Governance - The company reported no dividends have been paid or proposed during the six months ended June 30, 2024, and the same applies for the previous period[161] - The Board did not declare any interim dividend for the six months ended June 30, 2024, consistent with the previous year[84] - The company has complied with the Corporate Governance Code except for the deviation regarding the roles of chairman and CEO being held by the same individual[88] - The Company plans to re-comply with the Corporate Governance Code by appointing a suitable candidate for the CEO position in the future[88] Employee and Management Changes - As of June 30, 2024, the total number of employees decreased to 320 from 325 as of December 31, 2023, with a notable increase in manufacturing and technical engineering staff to 128[50] - Changes in the board included the resignation of Mr. Lu Chengye as executive Director and Ms. Chung, Elizabeth Ching Yee as non-executive Director effective May 31, 2024[102] Accounting and Compliance - The interim financial information has not been audited but has been reviewed by the company's audit committee[136] - The accounting policies adopted for the interim financial information are consistent with those used in the preparation of the Group's annual consolidated financial statements for the year ended December 31, 2023[138] - The company has adopted the Model Code for Securities Transactions by the Directors and confirmed compliance with the required standards during the six months ended June 30, 2024[91][96]
威讯控股(01087) - 2024 - 中期业绩
2024-08-30 10:34
Financial Performance - Total revenue for the six months ended June 30, 2024, decreased by approximately RMB 34.3 million or 13.1% to approximately RMB 227.3 million compared to RMB 261.6 million for the same period in 2023[3] - Gross profit for the same period decreased by approximately RMB 10.1 million or 30.2% to approximately RMB 23.3 million, down from RMB 33.4 million in 2023[3] - The company recorded a net loss of approximately RMB 40.5 million for the six months ended June 30, 2024, compared to a net loss of RMB 19.3 million for the same period in 2023[3] - The gross margin for the six months ended June 30, 2024, was 10.3%, down from 12.7% in 2023[2] - The net loss margin for the same period was (17.8%), compared to (7.4%) in 2023[2] - Total comprehensive loss for the period was RMB 40,626,000, up from RMB 17,963,000 in the previous year, indicating a year-over-year increase of about 126.1%[6] - The company reported a loss attributable to equity holders of RMB 40,467,000 in 2024, compared to a loss of RMB 23,133,000 in 2023, indicating a worsening of approximately 75%[23] - Basic and diluted loss per share increased to RMB 20.94 in 2024 from RMB 16.41 in 2023, reflecting a rise of about 27%[23] Revenue Breakdown - Total revenue from customer contracts decreased to RMB 227,297,000 in 2024 from RMB 261,641,000 in 2023, representing a decline of approximately 13%[17] - Revenue from product sales was RMB 118,049,000 in 2024, down from RMB 131,510,000 in 2023, a decrease of about 10%[17] - Revenue from service provision fell to RMB 109,248,000 in 2024 from RMB 130,131,000 in 2023, a decline of approximately 16%[17] Expenses and Costs - Financing costs increased to RMB 6,233,000 in 2024 from RMB 4,716,000 in 2023, reflecting a rise of about 32%[18] - Research and development costs rose to RMB 11,380,000 in 2024 from RMB 10,818,000 in 2023, an increase of approximately 5%[19] - Selling and distribution expenses decreased by approximately RMB 2.4 million or about 18.8% to approximately RMB 10.4 million, mainly due to reduced marketing and promotional expenses[42] - Administrative expenses decreased by approximately RMB 0.3 million or about 0.9% to approximately RMB 32.0 million, remaining similar to the previous year[43] - The cost of sales decreased by approximately RMB 24.3 million or about 10.6% to approximately RMB 204.0 million, consistent with the revenue decline[39] Cash Flow and Assets - Net cash used in operating activities was RMB 34,723,000 for the six months ended June 30, 2024, compared to RMB 3,034,000 in the same period of 2023, indicating a significant increase in cash outflow[10] - The company recorded a net cash inflow from financing activities of RMB 12,883,000, down from RMB 41,006,000 in the previous year, representing a decrease of about 68.6%[10] - Current assets increased to RMB 488,434,000 from RMB 464,626,000, showing a growth of about 5.1%[7] - Non-current assets decreased to RMB 255,064,000 as of June 30, 2024, down from RMB 281,774,000 at the end of 2023, reflecting a decline of approximately 9.5%[7] - Cash and cash equivalents decreased to RMB 55,142,000 from RMB 76,196,000, a decline of approximately 27.6%[10] Liabilities and Equity - The company's total liabilities increased to RMB 499,184,000 from RMB 467,012,000, indicating a rise of about 6.9%[7] - The company's equity attributable to owners decreased to RMB 235,960,000 from RMB 266,833,000, a decline of approximately 11.5%[9] - The debt-to-equity ratio increased to 32.4% in 2024 from 31.2% in 2023[2] Investment and Fair Value - The company reported a fair value loss of approximately RMB 2.9 million on equity investments and a fair value loss of approximately RMB 14.9 million on investment properties during the period[3] - As of June 30, 2024, the total value of the group's investment properties is RMB 64,544,000, a decrease from RMB 77,575,000 as of December 31, 2023, reflecting a fair value loss of RMB 14,891,000 during the period[25] - The fair value of financial assets measured at fair value through other comprehensive income for Huaxun Ark Technology Co., Ltd. is RMB 12,566,000 as of June 30, 2024, down from RMB 12,939,000 as of December 31, 2023[30] Corporate Governance - The audit committee, composed of three independent non-executive directors, reviewed the interim consolidated financial statements for the six months ended June 30, 2024, ensuring compliance with applicable accounting standards[65] - The company has adopted the corporate governance code and has been compliant with its principles, with the exception of the separation of the roles of chairman and president[61] - The company plans to seek suitable candidates for the position of president to comply with the corporate governance code in the future[61] - The company confirmed that all directors complied with the standards of the securities trading code during the six months ended June 30, 2024[63] Future Outlook - The company plans to continue developing and optimizing its IT infrastructure solutions and smart office software solutions, integrating AI into its products to enhance innovation and productivity[4] - The company maintains a cautious optimism regarding business prospects and aims to actively explore new markets, particularly in the Asia-Pacific region[4]