Brilliance Technology (SZ:300542) Zheng Quan Ri Bao Zhi Sheng·2025-04-27 12:11Group 1 - The core viewpoint of the news is that Xincheng Technology Co., Ltd. reported a significant decline in both revenue and net profit for the year 2024, indicating financial challenges faced by the company [1] - In 2024, Xincheng Technology achieved an operating income of 1.349 billion yuan, a year-on-year decrease of 22.22% [1] - The net profit attributable to shareholders was a loss of 81.4595 million yuan, compared to a profit of 36.3645 million yuan in the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 91.8089 million yuan, down from a profit of 34.4089 million yuan in the previous year [1] - The net cash flow from operating activities was 105 million yuan, a year-on-year decline of 46.88% [1] Group 2 - Xincheng Technology has over 20 years of experience in the financial information technology sector, which enhances its competitiveness in areas such as electronic channels, payment settlement, and cloud platform applications [1] - The company provides software development services for financial clients, including electronic channel integration, trade financing, and blockchain platform services [1] - According to the company's disclosed development strategy, it aims to leverage its business advantages in channel management and trade finance to promote the application of innovative technologies [2] - The company plans to optimize its products through the integration of innovative technologies, enhancing its clients' digital transformation capabilities and increasing its market share [2]