Core Viewpoint - Renrui Talent Technology Holdings Limited reported strong financial performance for the first half of 2025, with significant revenue growth driven by digital transformation and flexible staffing services [1][3]. Financial Performance - Revenue for the first half of 2025 reached approximately 2.6 billion yuan, representing a year-on-year increase of 26.6% [1]. - Gross profit was about 190 million yuan, up 11.1% year-on-year [1]. - Adjusted net profit attributable to shareholders was around 50 million yuan, reflecting a substantial growth of 58.9% [1]. Business Segments - General outsourcing services generated approximately 1.69 billion yuan in revenue, a year-on-year increase of 22.7% [3]. - Digital technology and cloud services achieved revenue of about 750 million yuan, marking a robust growth of 43.0% [3]. - Digital operation and customer service contributed approximately 150 million yuan in revenue, with an 11.4% year-on-year increase [1]. Growth Drivers - The revenue growth was primarily attributed to an increase in the number of employees across various business lines within the flexible staffing services [1]. - The number of flexible staffing employees in mid and back-office operations, human resources, and administrative management reached approximately 5,903, a year-on-year increase of about 60.5% [3]. Digital Transformation - The company has enhanced its integrated human resources ecosystem by leveraging artificial intelligence to improve contract review efficiency and candidate screening processes [2]. - The average net profit per employee increased by 34.5% year-on-year, indicating improved operational efficiency [2]. Global Expansion - Renrui Talent has established subsidiaries in 21 countries and regions to support Chinese enterprises in their global expansion efforts [4]. - The company aims to provide personalized and efficient services to Chinese companies venturing abroad, leveraging its existing business advantages and deep understanding of client needs [4]. - The overseas business is expected to become a significant growth driver, contributing to sustainable revenue growth [4].

Core Insights - The company, Renrui Talent Technology Holdings Limited, reported a revenue of approximately 2.6 billion RMB for the first half of 2025, representing a year-on-year growth of 26.6% [1] - The adjusted net profit attributable to shareholders reached approximately 50 million RMB, showing a significant increase of 58.9% compared to the previous year [1] Revenue Breakdown - General outsourcing services generated approximately 1.69 billion RMB, a year-on-year increase of 22.7% [3] - Digital technology and cloud services achieved revenue of about 750 million RMB, reflecting a growth of 43.0% [3] - Digital operations and customer service contributed approximately 150 million RMB, with an increase of 11.4% [3] Employee Growth - The number of employees in flexible staffing services increased from 33,766 to 38,868, marking a growth of approximately 15.1% [3] - The average number of internal employees was 1,031, slightly down from 1,040 in the previous year [7] Profitability Metrics - The average adjusted profit per employee was 44,800 RMB, up from 33,300 RMB, indicating a year-on-year growth of 34.5% [7][8] - The gross profit from digital technology and cloud services accounted for approximately 43.0% of the company's overall gross profit, surpassing that of general outsourcing services [9] Strategic Focus - The company is focusing on digital talent and flexible staffing in sectors such as new energy vehicles, internet, and smart manufacturing to drive its second growth curve [4] - Renrui Talent is actively pursuing global expansion, having established subsidiaries in 21 countries and regions by June 30, 2025 [10] Technological Advancements - The company has enhanced its integrated human resources ecosystem by incorporating AI technology for contract review processes, significantly improving efficiency [5][6] - The implementation of OCR technology has also improved the initial screening efficiency of candidate resumes [6] Global Expansion - Renrui Talent aims to support Chinese enterprises in their internationalization efforts, with a focus on providing comprehensive flexible staffing and professional recruitment services [10][12] - The international business has seen rapid growth, with approximately 2,318 employees in flexible staffing roles as of August 28, 2025 [12]

Core Viewpoint - The company, Renrui Talent Technology Holdings Limited, reported strong financial performance for the first half of 2025, with significant growth in revenue and adjusted net profit, driven by an increase in the number of employees in flexible staffing services [1][2]. Financial Performance - For the first half of 2025, the company achieved revenue of approximately 2.6 billion yuan, representing a year-on-year increase of 26.6% [1]. - Gross profit was about 190 million yuan, up 11.1% year-on-year [1]. - Adjusted net profit attributable to shareholders was around 50 million yuan, reflecting a substantial year-on-year growth of 58.9% [1]. - Revenue growth was observed across all business lines, with general outsourcing services generating approximately 1.69 billion yuan (up 22.7%), digital technology and cloud services at about 750 million yuan (up 43.0%), and digital operations and customer service at around 150 million yuan (up 11.4%) [1]. Business Expansion - The company has established subsidiaries in 21 countries and regions to support Chinese enterprises' global expansion [2]. - Renrui Talent's international services include comprehensive flexible staffing, professional recruitment, and work visa processing [2]. - The company has seen rapid growth in its international business, with the number of flexible staffing personnel reaching approximately 2,318 by August 28, 2025 [2]. Future Outlook - The company aims to consolidate its leading position in the domestic human resources market while focusing on digital talent needs in sectors such as new energy vehicles, the internet, and smart manufacturing [3]. - Plans include enhancing the integrated human resources ecosystem to improve recruitment efficiency and service quality [3]. - The company will accelerate its overseas business development to increase international revenue contributions and achieve sustainable growth [3].

Core Viewpoint - The human resources service industry is undergoing a paradigm shift from "demographic dividend" to "talent dividend," with Renrui Talent (06919) showcasing impressive financial results for the first half of 2025, indicating a strong growth trajectory driven by digital technology and cloud services [1][2]. Financial Performance - Renrui Talent reported revenue of 2.605 billion yuan, a year-on-year increase of 26.6% [1] - Shareholder profit surged to 41.07 million yuan, up 87.9% year-on-year [1] - Operating cash flow net amount reached 243 million yuan, growing by 42.7% [1] - The company declared an interim dividend of 0.09 HKD per share, representing a payout ratio of 31.4% of net profit attributable to shareholders [1] Business Transformation - The gross profit contribution from digital technology and cloud services reached 43.1%, surpassing traditional outsourcing services for the first time, marking a significant shift in the company's profit sources [1] - Renrui Talent is evolving from traditional HR services to providing high-value technical talent solutions, aligning with digital transformation trends [1] Global Expansion Strategy - The company has made significant strides in global expansion, establishing subsidiaries in 21 countries and regions by June 30, 2025, including offices in Hong Kong, Malaysia, Vietnam, Thailand, Indonesia, and the UAE [3] - Renrui Talent's international business team has grown to 57 employees, with approximately 1,460 flexible workers and 858 employees managed by global HR partners as of August 28 [3] Strategic Planning - The company plans to focus on enhancing revenue and flexible workforce numbers in Hong Kong, Southeast Asia, the Middle East, and Central Asia in the second half of 2025, with future expansions into Japan, Europe, and the Americas [4] - Renrui Talent aims to build a global recruitment center and a service system for Chinese enterprises going abroad, leveraging local market insights and resources [4] Market Position and Valuation - The international business is expected to contribute significantly to overall revenue, with higher gross margins compared to domestic operations, potentially enhancing the company's profitability metrics [5] - Renrui Talent's current price-to-earnings ratio is 0.56, indicating substantial room for valuation recovery compared to competitors like Core International and Foreign Service Holdings [5][6] - The company has completed a critical transition from traditional flexible employment to a digital talent ecosystem, positioning itself favorably against peers in the A-share and Hong Kong markets [6]

Core Viewpoint - The human resources service industry is undergoing a paradigm shift from "demographic dividend" to "talent dividend," with the company demonstrating significant growth and strategic expansion in its recent financial report [1][2]. Financial Performance - The company reported a revenue of 2.605 billion yuan, a year-on-year increase of 26.6% [1] - Shareholder profit surged by 87.9% to 41.07 million yuan [1] - Operating cash flow net amount reached 243 million yuan, up 42.7% year-on-year [1] - The company declared an interim dividend of 0.09 HKD per share, representing 31.4% of the net profit attributable to shareholders for the first half of the year [1] Business Transformation - The gross profit contribution from digital technology and cloud services reached 43.1%, surpassing traditional outsourcing services for the first time [1] - This shift indicates a successful transition towards high-value technology talent solutions, marking a second growth curve for the company [1] Global Expansion Strategy - The company has established subsidiaries in 21 countries and regions, expanding its business footprint across Europe, America, and Asia [3] - The establishment of a digital operation and customer service center in Uzbekistan signifies a deep market penetration and a foundation for a global service network [3] - The company plans to focus on regions such as Hong Kong, Southeast Asia, the Middle East, and Central Asia in the second half of 2025, with future expansions into Japan, Europe, and America [4] Market Position and Valuation - The company aims to leverage the high gross margins associated with overseas services, which are typically above 20% due to factors like exchange rates and project-based fees [5] - Current market valuation is significantly lower compared to competitors, indicating substantial room for valuation correction [5][6] - The company has completed a critical transition from traditional flexible employment to a digital talent ecosystem, positioning itself favorably against peers in the A-share and Hong Kong markets [6]

Group 1 - The company, Renrui Talent (06919.HK), reported a revenue of RMB 2.605 billion for the six months ending June 30, 2025, representing a year-on-year increase of 26.6% [1] - The gross profit for the same period was RMB 192 million, which is an 11.1% increase compared to the previous year [1] - The profit attributable to equity holders of the company was RMB 41.071 million, showing a significant year-on-year increase of 87.9% [1] - The company proposed an interim dividend of HKD 0.09 per share [1]

Core Viewpoint - The company reported a significant increase in revenue and profit for the first half of 2025, driven by its focus on digital technology and cloud services, which have become a key growth area for the business [1][2]. Financial Performance - Revenue for the first half of 2025 reached 2.605 billion RMB, representing a year-on-year increase of 26.6% [1]. - Shareholder profit amounted to 41.071 million RMB, showing an impressive year-on-year growth of 87.9% [1]. - Basic earnings per share were reported at 0.27 RMB, with an interim dividend proposed at 0.09 HKD per share [1]. Business Development - The company has established a second business unit focused on digital technology and cloud services to meet the growing demand for flexible IT talent [1]. - The number of employees in the digital technology and cloud services sector increased by approximately 2,513 from June 30, 2024, to June 30, 2025 [1]. - As of June 30, 2025, the company provided around 8,212 IT professionals to clients, with the telecommunications, internet, and automotive sectors accounting for approximately 25.1%, 23.7%, and 18.5% of the workforce, respectively [1]. Industry Focus - The company has targeted several key industries for its digital technology and cloud services, including automotive, telecommunications, finance, and smart manufacturing [2]. - The demand for AI-related talent has surged during the digital transformation of enterprises, with the company providing 795 flexible workers for AI-related positions as of June 30, 2025 [2]. - The gross profit from digital technology and cloud services reached approximately 82.7 million RMB, a year-on-year increase of about 15.5% [2]. - The contribution of digital technology and cloud services to the overall gross profit of the company was approximately 43.1%, surpassing the traditional outsourcing services [2].

Core Insights - The company reported a revenue of 2.605 billion RMB for the first half of 2025, representing a year-on-year increase of 26.6% [1] - Shareholder profit attributable to the company reached 41.071 million RMB, up 87.9% year-on-year, with basic earnings per share at 0.27 RMB [1] - A mid-term dividend of 0.09 HKD per share is proposed [1] Group 1: Digital Technology and Cloud Services - Digital technology and cloud services have become a key growth area for the company, with a focus on flexible staffing solutions for IT talent [1] - As of June 30, 2025, the number of employees in digital technology and cloud services increased by approximately 2,513 compared to June 30, 2024 [1] - The company provided around 8,212 IT talents to clients, with the telecommunications, internet, and automotive sectors accounting for approximately 25.1%, 23.7%, and 18.5% respectively [1] Group 2: Industry Diversification and Growth - The company has diversified its client base beyond the internet sector to include automotive, telecommunications, finance, and smart manufacturing [2] - As of June 30, 2025, the number of flexible staffing employees in the telecommunications sector surpassed that of the traditional internet sector, indicating a balanced development across various industries [2] - The demand for AI-related talent surged during the digital transformation of enterprises, with the company providing 795 flexible staffing employees for AI-related positions [2] Group 3: Financial Performance of Digital Services - The gross profit from digital technology and cloud services for the first half of 2025 was approximately 82.7 million RMB, an increase of about 15.5% from 71.6 million RMB in the same period of 2024 [2] - Digital technology and cloud services contributed approximately 43.1% to the company's overall gross profit, surpassing the traditional outsourcing services [2]

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，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：6919） 內幕消息 股息政策修訂 本公告乃由人瑞人才科技控股有限公司（「本公司」，連同其附屬公司，「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)條及香港法例第 571章證券及期貨條例第XIVA部項下的內幕消息條文（定義見上市規則）作出。 本公司董事（「董事」）會（「董事會」）欣然宣佈，其已批准對本公司股息政策的若干修 訂（「經修訂股息政策」），自二零二五年八月二十九日起生效。 Renrui Human Resources Technology Holdings Limited 人瑞人才科技控股有限公司 根據經修訂股息政策，董事會經考慮各項因素（例如實際及預期經營業績、現金流 量及財務狀況、一般業務狀況及業務策略、預期營運資金需求及未來擴展計劃、法 律、法規及本公司的其他合約限制，以及董事會認為適當的其他因素）後可建議 ...

倘中英文版本有任何歧義，概以英文版本為準。 Renrui Human Resources Technology Holdings Limited 人瑞人才科技控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6919） 提名委員會職權範圍 定義 1. 就本職權範圍（「本職權範圍」）而言： 細則指本公司組織章程細則。 董事會指本公司董事會。 財務總監指董事會不時委任負責管理財務的本公司高級行政人員。 本公司指人瑞人才科技控股有限公司。 公司秘書指本公司的公司秘書或本公司的聯席公司秘書的任何一位。 2. 提名委員會於2019年 11月 26日根據董事會通過的決議案成立。 成員 董事指本公司董事。 本集團指本公司及其附屬公司。 上市規則指聯交所證券上市規則（經不時修訂）。 – 1 – 提名委員會或委員會指董事會根據本職權範圍第 2 條通過的決議案設立的提名 委員會。 高級管理層指行政總裁、財務總監、總裁、副總裁及董事會可能不時決定的本 公司任何其他高級行政人員以及其他本公司薪酬委員會可能決定出任高級管理 層的僱員。 股東指本公司股東。 聯交所指香港聯合交易所有限公司。 章程 3. 董事會將在本公司的董事中 ...