Core Insights - LZMH's stock price increased by 3.46% to $2.69 per share, with a total market capitalization of $409 million as of August 7 [1] - The company reported total revenue of 823 million RMB for the year ending December 31, 2024, representing a year-on-year growth of 44.64% [1] - Net profit attributable to shareholders reached 5.542 million RMB, showing a significant increase of 189.26% year-on-year [1] Company Overview - LZMH is a Cayman Islands-registered holding company primarily operating through its domestic subsidiary, LZMH Network Technology Co., Ltd [1] - The company focuses on community family life services, utilizing IoT access screens to create a community service platform [1] - LZMH aims to establish an interactive community environment centered around smart hardware screens, leveraging data collection and information dissemination [1] Business Model - The company positions its screen count as a competitive advantage, with community traffic as a key resource and service providers as the workforce [1] - LZMH's revenue model is based on an advertising platform, completing the first community life ecosystem layout in China [1]

Group 1 - The article reports significant declines in the stock prices of several Chinese concept stocks, with the largest drop being 27.78% for LZMH (联掌科技控股) [1] - Other notable declines include PAVS (幸福来) down 20.94%, ORIS (闽东红) down 18.49%, EHGO (君长数码) down 17.88%, and OST (奥斯汀科技集团) down 17.29% [1] - The trading volumes for these stocks vary, with LZMH having a trading volume of 2.4457 million and PAVS at 25,300, indicating varying levels of investor interest [1]

Group 1 - The core point of the article highlights the significant decline in the stock prices of several Chinese concept stocks, with the largest drop being 19.64% for LZMH (联掌科技控股) [1] - LZMH (联掌科技控股) closed at 3.600, down 19.64%, with a trading volume of 1.7051 million [1] - Lichen International (LICN) experienced a drop of 19.25%, closing at 4.530, with a trading volume of 1.406 million [1] - NaaS (能链智电) saw a decline of 15.72%, closing at 2.680, with a trading volume of 1.7044 million [1] - Raya Electronics (雷亚电子) fell by 13.77%, closing at 0.0664, with a trading volume of 4.3917 million [1] - Intercont (NCT) decreased by 12.92%, closing at 3.100, with a trading volume of 1.1661 million [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to _________ (Exact name of the Registrant as specif ...