
Core Viewpoint - Ning Sheng International (NISN) is experiencing a decline in revenue and net profit, indicating potential challenges in its financial performance and market position [1][2]. Financial Performance - As of December 31, 2024, Ning Sheng International reported total revenue of $340 million, a year-on-year decrease of 12.01% [1]. - The company's net profit attributable to shareholders was $5.79 million, reflecting a significant year-on-year decline of 67.08% [1]. Upcoming Events - Ning Sheng International is scheduled to disclose its Q1 financial report for the fiscal year 2025 on July 29, with the actual release date subject to company announcements [2]. Company Overview - Ning Sheng International is a holding company registered in the British Virgin Islands, primarily operating through its domestic subsidiary, Fantake (Shanghai) Digital Technology Co., Ltd. [2]. - The company focuses on integrating advanced technologies such as big data, artificial intelligence, IoT, and blockchain into the financial industry, aiming to create a comprehensive fintech ecosystem [2]. - Fantake's sub-brand, Huijing Society, plays a crucial role in assisting financial institutions with their digital transformation towards an open banking ecosystem [2].