BOSHI(SZ:002698)2023-08-29 16:00Financial Performance - The company reported a significant increase in revenue, achieving a total of $1.5 billion, representing a 20% year-over-year growth[1]. - The company provided guidance for the next quarter, expecting revenue to be between $1.6 billion and $1.8 billion, which reflects a growth rate of 7% to 20%[1]. - The company reported a net profit margin of 12%, up from 10% in the previous year, indicating improved operational efficiency[1]. - Net profit attributable to shareholders reached RMB 335,465,804.27, a growth of 26.89% year-on-year[174]. - The company achieved a revenue of RMB 1,389,350,667.84, representing a 35.14% increase compared to the previous year[174]. - The total non-operating income and expenses amounted to ¥25,602,040.62 after tax and minority interest adjustments[138]. User Engagement and Market Expansion - User data showed a total of 5 million active users, up from 4 million in the previous quarter, indicating a 25% increase[1]. - New product launches included a state-of-the-art financial tool that is projected to increase user engagement by 30%[1]. - The company is expanding its market presence in Asia, targeting a 15% market share by the end of the fiscal year[1]. - The company plans to implement new marketing strategies that are expected to boost customer acquisition by 20% over the next year[1]. Research and Development - Research and development expenses increased to $150 million, accounting for 10% of total revenue, aimed at innovation in financial services[1]. - The company is focusing on research and development expenditures, differentiating between research and development phases to enhance capitalized assets[85]. - The company emphasizes continuous technological innovation and product development to maintain its competitive edge in the intelligent manufacturing sector[169]. Strategic Acquisitions and Investments - A strategic acquisition of a fintech startup was completed for $200 million, expected to enhance the company's technological capabilities[1]. - The company has invested RMB 60 million in the Dongguan Boshirui Dexin Robot Equity Investment Fund, receiving a total of RMB 60 million in project investment returns and profit distributions[165]. Intelligent Manufacturing and Technology - The company reported a significant growth in demand for intelligent manufacturing equipment, driven by national policies promoting smart manufacturing and digital economy[86]. - The revenue from the robotics industry is projected to grow at an annual rate exceeding 20% by 2025, with the company positioning itself to be a leader in this sector[89]. - The company is committed to achieving significant advancements in green and low-carbon technologies by 2025, aligning with national industrial policies[89]. - The company is actively involved in the development of standards for intelligent manufacturing, contributing to the establishment of a comprehensive framework for smart factories and digital workshops[89]. - The company is leveraging advancements in 5G and industrial internet to accelerate the application of digital and intelligent technologies in its products[105]. Customer Satisfaction and Service Offerings - Customer satisfaction ratings improved to 85%, reflecting a 5% increase due to enhanced service offerings[1]. - The company aims to enhance its service offerings in the intelligent manufacturing equipment sector, focusing on operational management services to improve efficiency and reduce costs[161]. - The company's industrial service model is essential for ensuring continuous, stable, and efficient production for clients, creating a win-win situation[197]. Financial Management and Reporting - The company is committed to maintaining transparency and accuracy in its financial reporting, ensuring compliance with legal responsibilities[139]. - The company holds trading financial assets valued at ¥1,268,124,738.43 at the beginning of the period, with a fair value change profit of ¥4,402,354.68 during the period[162]. - The company has a cash management balance of RMB 136 million as of June 30, 2023, from temporarily idle raised funds[165]. Industrial Services and Market Position - The industrial services segment has shown steady growth, contributing significantly to revenue and profit[168]. - In the first half of 2023, the company's industrial service revenue reached 326 million CNY, contributing significantly to overall income and profit[109]. - The company is actively implementing smart workshop and smart factory solutions, which are expected to significantly expand product application space[184]. - The company is enhancing its capabilities in engineering applications and implementation, reflecting a mature approach to the evolving demands of the intelligent equipment market[86].