Financial Performance - The group's revenue for the year ended December 31, 2024, was RMB 56,471,731.84, an increase of 32.37% compared to RMB 42,661,494.19 in 2023[9]. - The profit attributable to the owners of the company was approximately RMB -2,688,988.48, improving from a loss of approximately RMB -6,989,010.94 in 2023[9]. - For the fiscal year ending December 31, 2024, the group recorded a revenue of approximately RMB 56,471,731.84, an increase of RMB 13,810,237.65 or 32.37% compared to the previous year[15]. - The group reported a loss of RMB 2,688,988.48 for the fiscal year ending December 31, 2024, a significant improvement from a loss of RMB 6,989,010.94 in the previous year[15]. - The gross profit from main operations increased by RMB 7,957,472.06 to RMB 19,375,357.05, representing a growth of 69.69%, with the gross profit margin rising from 27.78% to 34.76%[18]. Dividend Policy - The board of directors does not recommend the distribution of a final dividend, consistent with the previous year[9]. - The company does not recommend the payment of any dividends for the fiscal year ending December 31, 2024[14]. Revenue Sources - The main revenue source came from commercial solutions and application software, accounting for 60.63% of total revenue, which is RMB 34,239,827.06, with a year-on-year increase of RMB 12,602,246.15 or 58.24%[17]. Assets and Liabilities - Current assets amounted to approximately RMB 40,388,563.32, with cash and bank balances of about RMB 22,113,514.78[20]. - The group had no non-current liabilities and current liabilities were approximately RMB 36,877,553.02, primarily consisting of other payables and accrued expenses[20]. - The operating cash ratio was 1.10, down from 1.22 in the previous year, while the debt-to-asset ratio was approximately 69.76%, up from 52.36%[21]. Employee Information - The group employed 83 full-time employees as of December 31, 2024, an increase from 81 in 2023, including 13 management, finance, and administrative personnel[30]. - Employee compensation for the year ended December 31, 2024, amounted to approximately RMB 19,682,880.92, a decrease from RMB 21,202,876.55 in 2023[30]. Corporate Governance - The company is committed to prudent management and corporate governance principles, believing that this commitment will enhance shareholder value in the long term[57]. - The board consists of eight directors, including five executive directors and three independent non-executive directors, ensuring independent decision-making for shareholder interests[61]. - The board held four meetings in the year ending December 31, 2024, with a 100% attendance rate from key members[63]. - The company has established a code of conduct for directors and supervisors regarding securities trading, adhering to GEM listing rules[60]. Risk Management and Internal Control - The company has established a comprehensive policy for risk management and internal control to safeguard assets and ensure the reliability of financial information[107]. - The board is responsible for evaluating the nature and extent of risks accepted in achieving strategic objectives[107]. Environmental, Social, and Governance (ESG) - The board is responsible for overseeing the company's environmental, social, and governance (ESG) strategy, direction, and policies[112]. - The company emphasizes sustainable development to create long-term value for stakeholders, including shareholders, customers, and employees[110]. - The company is committed to ensuring compliance with relevant ESG laws and regulations[113]. Sustainability Goals - The company aims to reduce emission density by 1% by 2027 compared to 2024 levels[127]. - The company plans to decrease waste density by 1% by 2027 compared to 2024 levels[127]. - The company targets a 1% reduction in electricity and gasoline density by 2027 compared to 2024 levels[127]. - The company aims to lower water consumption density by 1% by 2027 compared to 2024 levels[127]. Employee Welfare and Rights - Employee welfare is a key focus, ensuring all employees receive legal protections and equal opportunities in the workplace[141]. - The company has a zero-tolerance policy against child labor and forced labor, ensuring compliance with international standards and local regulations[151]. Customer Relations - The company commits to providing high-quality products and services, effectively handling customer complaints, and continuously improving service levels[157]. - Customer data will only be used for business purposes and will be handled with care to ensure compliance with privacy regulations[158]. Supplier Management - The company emphasizes strict supplier selection criteria based on product quality, environmental protection, and compliance with legal standards[184]. - The group has established effective relationships with suppliers to meet customer needs, ensuring a transparent and fair procurement process[196].

Financial Performance - The company's revenue for the year ended December 31, 2024, was RMB 56,471,731.84, representing an increase of 32.37% compared to RMB 42,661,494.19 in 2023[4]. - The loss attributable to the owners of the company for the year was RMB 2,688,988.48, an improvement from a loss of approximately RMB 6,989,010.94 in 2023[4]. - Total operating revenue for 2024 reached RMB 56,471,731.84, an increase of 32.3% compared to RMB 42,661,494.19 in 2023[16]. - The company reported a net loss of RMB 2,525,533.20 for 2024, compared to a net loss of RMB 1,905,000.00 in 2023[16]. - The total profit for 2024 was a loss of RMB 2,669,975.00, compared to a loss of RMB 6,995,713.22 in 2023, indicating a decrease of about 61.7%[19]. - The company's basic and diluted earnings per share for 2024 were both RMB -0.0056, improving from RMB -0.0146 in 2023[19]. - The operating profit for 2024 was a loss of RMB 2,506,520.13, compared to a loss of RMB 7,310,834.77 in 2023, reflecting a 65.7% improvement[21]. - The total comprehensive income for 2024 was a loss of RMB 2,780,434.06, an improvement from a loss of RMB 6,881,265.27 in 2023, indicating a reduction of about 59.7%[19]. Assets and Liabilities - Current assets totaled RMB 40,388,563.32 as of December 31, 2024, compared to RMB 24,826,693.21 in 2023, indicating significant growth[5]. - Total liabilities increased to RMB 36,877,553.02 in 2024 from RMB 20,631,392.49 in 2023, indicating a rise in financial obligations[11]. - The company's total assets reached RMB 52,865,025.92 as of December 31, 2024, compared to RMB 39,399,299.45 in 2023, showing overall growth in asset base[11]. - Shareholders' equity decreased to RMB 15,949,593.47 in 2024 from RMB 18,475,127.08 in 2023, a decline of 8.2%[14]. - The asset-liability ratio (liabilities/total assets) was approximately 69.76% as of December 31, 2024, compared to 52.36% in the previous year[200]. Cash Flow and Liquidity - The cash and cash equivalents increased to RMB 22,113,514.78 in 2024 from RMB 17,869,475.62 in 2023, indicating improved liquidity[5]. - Operating cash flow for 2024 reached RMB 4,393,118.31, a significant improvement from a negative cash flow of RMB -5,025,955.76 in 2023, indicating a turnaround in operational efficiency[25]. - Total cash inflow from operating activities was RMB 66,869,380.26, up 27.6% from RMB 52,407,360.06 in 2023[25]. - Cash and cash equivalents at the end of 2024 totaled RMB 22,060,833.70, an increase from RMB 17,637,191.04 at the end of 2023, marking a 25.9% growth[26]. - The cash flow from operating activities showed a positive trend, with a net cash flow of RMB 4,654,411.10 in 2024 compared to a negative RMB -4,637,136.85 in 2023[27]. Revenue Sources - The main business revenue from commercial solutions and application software accounted for 60.63% of total revenue, amounting to RMB 34,239,827.06, with a year-on-year increase of RMB 12,602,246.15 or 58.24%[195]. - Revenue from commercial application solutions and software surged to approximately 34.24 million in 2024, up from 21.64 million in 2023, marking an increase of around 58.4%[165]. - Revenue from installation and maintenance of network and data security products increased by RMB 2,157,578.11 to RMB 20,253,165.28, a growth of 11.92%[196]. - Revenue from the sale of electrical products and accessories decreased by RMB 124,093.67 to RMB 1,242,246.63, a decline of 9.08%[198]. Research and Development - Research and development expenses for 2024 were RMB 4,386,619.89, slightly down from RMB 4,827,757.25 in 2023, a decrease of 9.1%[16]. - The company’s research and development expenses were reported at 4,386,619.89 in 2024, slightly down from 4,827,757.25 in 2023, reflecting a decrease of about 9.1%[178]. Accounting Policies and Compliance - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position accurately[42]. - The company follows specific accounting policies for recognizing and measuring accounts receivable, inventory, fixed assets, and intangible assets[41]. - The company uses Renminbi as the accounting currency for its domestic subsidiaries, while foreign subsidiaries use the local currency[45]. - The company follows the principle of materiality in preparing and disclosing financial statements, with specific thresholds for significant items such as bad debt provisions and long-term equity investments[47]. Market Position and Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[16]. - The company is preparing for the 2024 fiscal year with ongoing assessments of its financial strategies and market positioning[34]. Employee and Operational Costs - The company’s total employee costs decreased to 19,682,880.92 in 2024 from 21,202,876.55 in 2023, a reduction of about 7.2%[178]. - Cash outflow for purchasing goods and services increased to RMB 39,029,691.79, compared to RMB 31,921,555.92 in the previous year, reflecting a 22.2% rise in operational costs[25].

（於中華人民共和國註冊成立之股份有限公司） （股份代號：8205） 二零二四中期業績報告 * 僅供識別 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板 上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風 險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣的 證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通量的 市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，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報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。 本報告乃遵照聯交所《GEM證券上市規則》（「GEM上市規則」）之規定而提供有關上 海交大慧谷信息產業股份有限公司（「本公司」）之資料。本公司各董事（「董事」）願共 同及個別對此負全責。董事經作出一切合理查詢後，確認就彼等所知及所信，本報 告所載資料在各重大方面均屬準確及完整，並無誤導成分，且並無遺漏任何其他事 實，足以令致本報 ...

Financial Performance - The group recorded a revenue of approximately RMB 23,404,000 for the six months ended June 30, 2024, representing an increase of about 26.23% compared to RMB 18,541,000 for the same period in 2023 [2]. - The loss attributable to equity holders of the parent company was approximately RMB 3,673,000 for the six months ended June 30, 2024, a decrease in loss of about 41.21% from RMB 6,248,000 in the same period of 2023 [2]. - The gross profit for the six months ended June 30, 2024, was RMB 8,083,000, compared to RMB 4,702,000 for the same period in 2023, indicating a significant improvement in profitability [3]. - The pre-tax loss for the six months ended June 30, 2024, was RMB 3,673,000, compared to a pre-tax loss of RMB 6,248,000 for the same period in 2023 [3]. - The net loss for the six months ended June 30, 2024, was RMB 3,673 thousand, a decrease from a net loss of RMB 6,248 thousand for the same period in 2023, representing a 41.1% improvement [12]. - Gross profit for the same period was RMB 8,083,000, representing an increase of approximately 71.91% from RMB 4,702,000 in 2023 [22]. Dividends and Share Performance - The company announced no interim dividend for the six months ended June 30, 2024, consistent with the previous year [2]. - The average number of shares outstanding for the six months ended June 30, 2024, was 480,000,000, the same as in 2023, resulting in a basic loss per share of RMB 0.00766 [17]. Assets and Liabilities - The total assets less current liabilities amounted to RMB 15,297,000 as of June 30, 2024, compared to RMB 18,768,000 as of December 31, 2023 [6]. - The group’s total assets as of June 30, 2024, were approximately RMB 19,176,000, down from RMB 24,827,000 as of December 31, 2023 [24]. - The group’s current liabilities were approximately RMB 17,038,000 as of June 30, 2024, compared to RMB 20,307,000 as of December 31, 2023 [24]. - The group’s debt ratio as of June 30, 2024, was approximately 53.16%, an increase from 49.92% as of December 31, 2023 [24]. Cash Flow - The company’s cash and cash equivalents were reported at RMB 9,983,000 as of June 30, 2024 [4]. - Cash and cash equivalents decreased to RMB 9,983 thousand as of June 30, 2024, down from RMB 17,219 thousand at the beginning of the period [9]. - The cash used in operating activities for the six months ended June 30, 2024, was RMB (7,886) thousand, compared to RMB (8,181) thousand for the same period in 2023 [9]. Operating Expenses - The group’s operating expenses included research and development expenses of RMB 7,876,000 for the six months ended June 30, 2024 [3]. - Employee costs, including directors' remuneration, totaled RMB 10,479 thousand for the six months ended June 30, 2024, slightly down from RMB 10,896 thousand in the same period last year [13]. - Employee compensation for the six months ending June 30, 2024, was approximately RMB 10,479,000, a decrease from RMB 10,896,000 in the same period of 2023 [27]. Business Outlook - The company has not provided specific guidance for future performance or new product developments during the conference call [2]. - The company plans to continue expanding its business application solutions and electronic product sales in the Chinese market [9]. - The company has not reported any significant new product launches or technological developments during this period [9]. - There are no significant future investment or capital asset plans as of June 30, 2024 [32]. Corporate Governance - The company has complied with GEM Listing Rules regarding board procedures during the six months ending June 30, 2024 [40]. - The company has adopted a corporate governance policy in line with GEM Listing Rules, with all code provisions complied except for specific deviations noted [44]. Management Changes - Zhang Xiaobo was appointed as CEO effective August 30, 2024, bringing over 25 years of engineering experience to the role [46]. - Cao Zhen resigned as an executive director effective August 30, 2024, with no disagreements with the board [48]. - Lu Taiyi has been nominated as an executive director candidate, with a term of three years starting from the annual general meeting [49]. Shareholder Information - Major shareholders include Shanghai State-owned Assets Supervision and Administration Commission, holding 23.75% of the shares [36]. - As of June 30, 2024, Chen Jianbo holds 24,300,000 shares, representing 5.06% of the company's equity [38]. Other Information - The company has no major contingent liabilities as of June 30, 2024 [33]. - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the six months ending June 30, 2024 [31]. - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the six months ending June 30, 2024 [43]. - No significant events affecting the group occurred after June 30, 2024 [50].

Financial Performance - The company's revenue for the year ended December 31, 2023, was approximately RMB 42,661,494.19, representing an increase of 18.49% compared to RMB 36,002,830.52 in 2022[11]. - The attributable loss to owners of the company was approximately RMB -6,989,010.94, compared to a loss of approximately RMB -21,606,146.55 in 2022, primarily due to changes in accounting policies affecting the recognition of deferred tax assets[11]. - For the fiscal year ending December 31, 2023, the group recorded a revenue of approximately RMB 42,661,494.19, an increase of RMB 6,658,663.67 or 18.49% compared to RMB 36,002,830.52 in 2022[19]. - The group reported a loss of RMB 6,989,010.94 for the fiscal year, significantly reduced from a loss of RMB 21,606,146.55 in the previous year[19]. - The gross profit from main operations increased by RMB 4,286,445.60 to RMB 11,417,884.99, with a gross profit margin rising from 20.45% to 27.78%[22]. Revenue Sources - The main revenue source came from business solutions and application software, accounting for 50.72% of total sales, which is RMB 21,637,580.91[21]. - Revenue from installation and maintenance of network and data security products increased by RMB 11,244,353.38, representing a growth of 164.12% compared to the previous year[21]. Assets and Liabilities - The group's total current assets were approximately RMB 24,826,693.21, down from RMB 26,873,821.01 in 2022, with cash and bank balances at RMB 17,869,475.62[24]. - The current ratio (current assets divided by current liabilities) was 1.22, down from 1.37 in 2022, indicating a decrease in liquidity[25]. - The debt-to-asset ratio was approximately 52.36%, an increase from 46.80% in the previous year, reflecting a higher level of leverage[25]. - The total assets of the company amount to RMB 39,399,299.45 as of December 31, 2023[26]. Employee Information - The company employed 81 full-time employees as of December 31, 2023, a decrease from 101 employees in 2022[35]. - Employee compensation for the year amounted to approximately RMB 21,202,876.55, down from RMB 23,007,603.08 in 2022[35]. Corporate Governance - The company has adhered to the corporate governance principles and has implemented all applicable rules as per the GEM listing regulations[71]. - The supervisory board expressed satisfaction with the company's performance and economic benefits for the year 2023, showing confidence in the group's future development prospects[69]. - The company has maintained strict supervision over the management's decisions to ensure compliance with national laws and regulations, as well as the company's articles of association[67]. - The company has a robust governance structure, with independent directors overseeing audit and compensation committees[53]. - The company has appointed a new executive director and chairman, ensuring a clear distinction between the roles of the chairman and the CEO[72]. Strategic Focus and Future Plans - The company plans to strengthen core competitiveness and invest in key business areas while actively seeking new business opportunities[15]. - The company aims to enhance its operational management and improve business process supervision as part of its ongoing development strategy[20]. - The company is exploring acquisition opportunities in the tech sector, with a budget of 100 million allocated for potential deals[58]. - Market expansion plans include entering two new international markets by Q2 2024, projected to increase overall market share by 5%[58]. Research and Development - The company is investing 50 million in R&D for new technologies aimed at enhancing user experience and operational efficiency[58]. - The company has a commitment to research and development, as evidenced by the backgrounds of its executives in technology and engineering[45][46]. Environmental, Social, and Governance (ESG) - The company is committed to sustainable development, aiming to create long-term value for shareholders, customers, employees, and other stakeholders[141]. - The board is responsible for overseeing the company's environmental, social, and governance (ESG) strategy, direction, and policies[143]. - The ESG working group collects and analyzes data to monitor and evaluate the company's ESG performance, ensuring compliance with relevant laws and regulations[144]. - The company aims to balance the interests of all stakeholders while minimizing negative impacts on its business operations[141]. Diversity and Inclusion - The company emphasizes the importance of diversity and non-discrimination in all employment practices, ensuring equal opportunities for all employees[185]. - The company recognizes that gender diversity among employees contributes to competitive advantages, including market insights and creativity[120]. - The board diversity policy was adopted on August 8, 2013, emphasizing the benefits of diverse board membership[100]. Customer Satisfaction - Customer satisfaction ratings improved to 90%, reflecting the effectiveness of recent service enhancements[58]. - The company ensures high-quality products and services, effectively handling customer complaints and continuously improving service levels to ensure customer satisfaction[199].

Financial Performance - The company's revenue for the year ended December 31, 2023, was RMB 42,661,494.19, an increase of 18.49% compared to RMB 36,002,830.52 in 2022[4]. - The loss attributable to the owners of the company for the year was RMB 6,989,010.94, an improvement from a loss of RMB 21,606,146.55 in 2022[4]. - Total operating revenue for 2023 reached RMB 42,661,494.19, an increase of 18.5% compared to RMB 36,002,830.52 in 2022[16]. - The company's net loss for 2023 was RMB 9,787,235.98, compared to a net loss of RMB 8,544,310.02 in 2022, indicating a worsening of 14.5%[16]. - The total profit for 2023 was RMB -6,995,713.22, compared to RMB -21,838,255.21 in 2022, reflecting a decrease in total losses of approximately 68.0%[19]. - The company's basic and diluted earnings per share for 2023 were both RMB -0.0146, improving from RMB -0.0450 in 2022[19]. - The company's total comprehensive income for 2023 was RMB -6,881,265.27, an improvement from RMB -21,491,924.97 in 2022, reflecting a reduction in comprehensive losses by approximately 68.0%[19]. Assets and Liabilities - Current assets totaled RMB 24,826,693.21 as of December 31, 2023, down from RMB 26,873,821.01 in 2022[5]. - Non-current assets decreased to RMB 14,572,606.24 in 2023 from RMB 21,336,790.97 in 2022[7]. - Total assets amounted to RMB 39,399,299.45, a decline from RMB 48,210,611.98 in the previous year[9]. - Total liabilities were RMB 20,631,392.49, down from RMB 22,561,439.75 in 2022[11]. - The company's equity attributable to shareholders decreased to RMB 18,767,906.96 from RMB 25,649,172.23 in 2022[11]. - Accounts payable increased to RMB 10,954,005.19 in 2023 from RMB 9,197,180.73 in 2022[9]. - Contract liabilities rose to RMB 2,845,187.24 in 2023, compared to RMB 1,905,211.99 in 2022[9]. Cash Flow - Cash and cash equivalents decreased to RMB 17,576,695.74 in 2023 from RMB 19,522,781.25 in 2022, a decline of 10%[12]. - The net cash flow from operating activities was negative at RMB -5,025,955.76, an improvement from RMB -10,512,925.10 in the previous year[25]. - Total cash outflow from operating activities amounted to RMB 57,433,315.82, up from RMB 48,745,212.19 in 2022, indicating a 17.5% increase[25]. - Cash inflow from investment activities totaled RMB 10,385,981.34, a decrease of 6.5% compared to RMB 11,102,161.95 in 2022[26]. - The net cash flow from investment activities was RMB 5,385,981.34, down from RMB 11,073,752.36 in the previous year, reflecting a decline of 51.3%[27]. - Cash outflow from financing activities was RMB 2,506,140.00, significantly higher than RMB 67,298.21 in 2022, marking an increase of 3,620.5%[29]. Dividends and Retained Earnings - The company did not recommend the distribution of a final dividend for the year, consistent with the previous year[4]. - The company plans to not distribute dividends for the fiscal year ending December 31, 2023[175]. - The company's retained earnings showed a significant decline, with an unallocated profit of –79,500,977.13[32]. Research and Development - The company's research and development expenses for 2023 were RMB 4,827,757.25, slightly decreased from RMB 5,312,197.56 in 2022[21]. - The company’s R&D expenses for the year were approximately $4.83 million, a decrease from $5.31 million in the previous year[174]. Accounting Policies - The financial statements were approved by the board of directors on March 21, 2024, and will be submitted for shareholder approval[36]. - The company’s financial statements are prepared in accordance with the relevant accounting standards and regulations[37]. - The company follows a short operating cycle, using 12 months as the standard for classifying the liquidity of assets and liabilities[43]. - The company prepares and discloses financial statements based on the principle of materiality, with specific thresholds for significant provisions and investments set at 10% of total receivables or 5% of net assets[46]. Revenue Recognition - Revenue is recognized when the customer obtains control of the related goods or services, considering factors such as the right to receive payment and transfer of ownership[130]. - For sales with return clauses, expected returns are recognized as liabilities, while the expected recoverable value of returned goods is recognized as an asset[131]. - Revenue from the sale of electrical products is recognized at the point of delivery and customer acceptance, while revenue from software solutions is recognized over the performance period[134]. Financial Instruments - The company recognizes financial assets when it becomes a party to the financial instrument contract, and derecognizes them under certain conditions[62]. - The company employs an expected credit loss model for impairment assessment of financial instruments and contract assets, considering historical repayment data and macroeconomic indicators[86]. - The company recognizes inventory at cost and assesses for impairment when the cost exceeds the net realizable value, with full impairment provision for products older than two years[93]. Equity and Share Capital - The company reported a total of 48,000,000.00 in share capital, consistent with prior periods[32]. - The company's registered capital increased to RMB 48,000,000.00, with a total of 48,000,000 shares outstanding[36]. - The total equity of the company as of the end of 2023 is RMB 77,308,349.20, with a decrease of RMB 6,916,886.57 compared to the previous year[33].

Revenue Growth - For the six months ended June 30, 2023, the company reported revenue of RMB 18,541,000, an increase of 62.1% compared to RMB 11,464,000 for the same period in 2022[5] - For the nine months ended September 30, 2023, the company achieved revenue of RMB 28,496,000, up 56.1% from RMB 18,269,000 in the same period of 2022[8] Gross Profit Improvement - The gross profit for the same period was RMB 4,702,000, representing a 83.9% increase from RMB 2,559,000 in the previous year[5] - The gross profit for the nine months was RMB 8,274,000, which is a 102.4% increase compared to RMB 4,094,000 in the previous year[8] Net Loss Reduction - The company reported a net loss of RMB 6,248,000 for the six months ended June 30, 2023, a significant improvement from a loss of RMB 11,099,000 in the same period of 2022[5] - For the nine months ended September 30, 2023, the net loss was RMB 7,838,000, compared to a loss of RMB 17,854,000 in the same period of 2022, indicating a 56.1% reduction in losses[10] Loss Per Share - The basic loss per share for the six months was RMB 0.013, improving from RMB 0.0231 in the previous year[5] - The basic loss per share for the nine months was RMB 0.0163, down from RMB 0.0372 in the same period of 2022[10] Dividends and R&D Investment - The company has not declared any dividends for the reported periods[5][10] - The company continues to focus on research and development, with R&D expenses of RMB 2,534,000 for the six months and RMB 3,273,000 for the nine months, reflecting ongoing investment in innovation[5][8]

Revenue Growth - For the six months ended June 30, 2023, the company reported revenue of RMB 18,541,000, an increase of 62.1% compared to RMB 11,464,000 for the same period in 2022[5] - For the nine months ended September 30, 2023, the company achieved revenue of RMB 28,496,000, up 56.1% from RMB 18,269,000 in the same period of 2022[8] Gross Profit Improvement - The gross profit for the same period was RMB 4,702,000, representing a 83.9% increase from RMB 2,559,000 in the previous year[5] - The gross profit for the nine months was RMB 8,274,000, which is a 102.4% increase compared to RMB 4,094,000 in the previous year[8] Net Loss Reduction - The company reported a net loss of RMB 6,248,000 for the six months ended June 30, 2023, an improvement from a loss of RMB 11,099,000 in the same period of 2022[5] - For the nine months ended September 30, 2023, the net loss was RMB 7,838,000, compared to a loss of RMB 17,854,000 in the same period of 2022, indicating a significant reduction in losses[10] Loss Per Share - The basic loss per share for the six months was RMB 0.013, improving from RMB 0.0231 in the previous year[5] - The basic loss per share for the nine months was RMB 0.0163, down from RMB 0.0372 in the same period of 2022[10] Research and Development Investment - The company has continued to invest in research and development, with R&D expenses of RMB 2,534,000 for the six months ended June 30, 2023, compared to RMB 2,294,000 in the previous year[5] Strategic Focus - The company is focused on market expansion and new product development as part of its strategic initiatives moving forward[8]

Financial Performance - For the third quarter of 2023, the company reported revenue of RMB 9,955,000, an increase of 46.5% compared to RMB 6,805,000 in the same period of 2022[5] - The gross profit for the third quarter was RMB 3,572,000, representing a gross margin of approximately 35.9%, compared to RMB 1,535,000 and a margin of 22.6% in Q3 2022[5] - The company incurred a loss before tax of RMB 1,590,000 for the third quarter, a significant improvement from a loss of RMB 6,755,000 in the same quarter of the previous year, indicating a reduction of 76.5%[5] - Total revenue for the nine months ended September 30, 2023, was RMB 28,496,000, up 56.1% from RMB 18,269,000 in the same period of 2022[5] - The company reported a net loss of RMB 7,838,000 for the nine months ended September 30, 2023, compared to a net loss of RMB 17,854,000 for the same period in 2022, reflecting a 56.1% decrease in losses[6] - The overall comprehensive loss for the third quarter was RMB 1,590,000, compared to RMB 6,755,000 in the same quarter of the previous year, showing a significant improvement[6] Revenue Breakdown - Sales of electronic products and accessories amounted to approximately RMB 5,610,000, representing an increase of about RMB 2,744,000 or 95.74% from RMB 2,866,000 in the previous year[20] - Revenue from business application solutions increased from approximately RMB 12,050,000 to RMB 15,092,000, a growth of about 25.24%[20] - Revenue from installation and maintenance of network and data security products rose from approximately RMB 3,353,000 to RMB 7,794,000, marking an increase of about 132.45%[20] Cost Management - Research and development expenses for the third quarter were RMB 739,000, down 38.5% from RMB 1,204,000 in Q3 2022, indicating a focus on cost management[5] - Administrative expenses were approximately RMB 9,909,000, a decrease of about RMB 2,528,000 compared to the previous year[21] - Marketing and sales expenses were approximately RMB 3,934,000, an increase of about RMB 233,000 from the previous year[21] - Research and development expenses were approximately RMB 3,273,000, a decrease of about RMB 225,000 compared to the previous year[21] - The company will focus on cost control and aims to expand into new market areas through existing customer referrals and management's promotional efforts[23] Dividend Policy - The company has not declared any dividends for the current period, consistent with its strategy to reinvest in growth initiatives[5] - The board will not declare an interim dividend for the nine months ended September 30, 2023[16] Shareholder Information - Major shareholders include Shanghai State-owned Assets Supervision and Administration Commission with 114,000,000 shares, representing 23.75% of the company[27] - Shanghai Jiao Tong University Industry Investment Management (Group) Co., Ltd. also holds 114,000,000 shares, equivalent to 23.75%[27] - Shanghai Xuhui (Group) Co., Ltd. owns 60,000,000 shares, accounting for 12.50%[27] - Xuhui District Industrial Association has a stake of 60,000,000 shares, which is 12.50%[27] - Shanghai Huixin Investment Management Co., Ltd. and Shanghai Technology Entrepreneurship Investment Co., Ltd. each hold 57,000,000 shares, representing 11.88%[27] - Chen Jianbo is a beneficial owner with 24,300,000 shares, equating to 5.06%[29] Management Changes - The company has appointed an executive director and senior management team to oversee daily operations following the resignation of the previous CEO on June 30, 2023[38] - The board believes the current arrangement is appropriate for maintaining policy continuity and operational stability[38] Strategic Outlook - The company plans to expand its market presence and enhance its product offerings, although specific new products or technologies were not detailed in the report[5] - The company continues to monitor market conditions and adjust its strategies accordingly to improve financial performance and shareholder value[5]

（於中華人民共和國註冊成立之股份有限公司） 8205 （股份代號： ） 截至二零二三年九月三十日止九個月之第三季度業績公佈 GEM 香港聯合交易所有限公司（「聯交所」） 之特色 GEM 之定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在主板上市的公司 帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險，並應經過審慎周詳 的考慮後方作出投資決定。 GEM GEM 由於 上市公司普遍為中小型公司，在 買賣的證券可能會較於主板買賣的證券承受 GEM 較大的市場波動風險，同時無法保證在 買賣的證券會有高流通量的市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，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佈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。 GEM GEM 本公佈乃遵照聯交所《 證券上市規則》（「 上市規則」）之規定而提供有關上海交大慧 谷信息產業股份有限公司（「本公司」）之資料。本公司各董事（「董事」）願共同及個別對此負全 責。董事經作出一切合理查詢後，確認就彼等所知及所信，本公佈所載資料在各重大方面均屬 準確及完整，並無誤導 ...