遥望科技(002291) - 2024 Q2 - 季度业绩预告

Financial Performance - The company expects a net loss attributable to shareholders of approximately 16 million RMB for the first half of 2024, an improvement from a loss of 20.8 million RMB in the same period last year[5]. - The company’s stock incentive plan costs are still in the amortization period, impacting overall profitability[6]. - The company’s cash flow from operating activities has turned positive year-on-year, indicating improved operational efficiency[12]. Business Growth - The company's live e-commerce business achieved a total GMV of 9.3 billion RMB, representing a year-on-year growth of about 50%[7]. - The company reported a significant increase in short drama revenue, with recharge flow reaching approximately 160 million RMB during the reporting period[9]. - The company’s X27 PARK project is expected to support the continuous expansion of its live e-commerce scale as production capacity gradually releases[7]. Strategic Initiatives - The company plans to establish 20 front warehouses in Hangzhou as part of its entry into the instant retail market, aiming to enhance local supply capabilities and stimulate consumer demand[14]. - The company has formed an overseas TikTok live streaming operation team to explore international markets, leveraging its domestic operational experience and supply chain advantages[8]. - The company plans to stop investments in loss-making innovative businesses and shift its operational model to expand alliance ecosystems[12]. Organizational Focus - The company is focusing on optimizing its organizational structure and controlling costs to improve sustainable development capabilities[12].