INLY(603598) 上海证券报·2025-04-29 15:36Core Viewpoint - The company reported a total revenue of 6.289 billion yuan for 2024, representing a year-on-year increase of 32.73%, but faced a net loss attributable to shareholders of 18.1051 million yuan, indicating challenges in profitability despite revenue growth [8]. Company Overview - The company operates in a competitive environment, focusing on content innovation, digital marketing, and international business expansion to drive growth [4][5]. - The Chinese economy is showing signs of improvement, with retail sales increasing by 3.5% year-on-year and online retail sales growing by 7.2% in 2024, which supports the company's growth strategy [4]. Financial Performance - The company achieved a total revenue of 6.289 billion yuan in 2024, up 32.73% from the previous year [8]. - The net profit attributable to shareholders was a loss of 18.1051 million yuan, with a loss of 17.281 million yuan after excluding non-recurring items [8]. - The company experienced a decline in gross margin due to changes in media platform incentive policies amid intense competition [8]. Strategic Initiatives - The company is enhancing its talent pool through flexible training mechanisms, focusing on building a team proficient in AI capabilities, which is crucial for its business model [5]. - The integration of AI technology is expected to improve operational efficiency and reduce expense ratios [8]. Shareholder Information - The company plans to not distribute cash dividends or issue new shares for the 2024 fiscal year due to the reported losses [3][27]. - The company will hold its annual shareholder meeting on May 20, 2025, to discuss various proposals, including the financial results and the appointment of the accounting firm [60][61]. Audit and Compliance - The company has retained the accounting firm Xinyong Zhonghe for the 2025 fiscal year, which has a strong track record in providing independent audit services [43][51]. - The audit committee has reviewed the firm's qualifications and recommended its continued engagement based on its professional capabilities and investor protection measures [51].