Intchains(US:ICG) Jin Rong Jie·2025-08-07 14:14Core Viewpoint - The company, Cong Chain (ICG), has shown significant revenue growth but is facing a decline in net profit, indicating potential challenges in profitability despite strong sales performance [1][2]. Financial Performance - As of March 31, 2025, Cong Chain reported total revenue of 132 million RMB, representing a year-on-year increase of 445.47% [1]. - The net profit attributable to the parent company was -33.997 million RMB, reflecting a year-on-year decrease of 129.79% [1]. Upcoming Events - Cong Chain is scheduled to release its fiscal year 2025 mid-term report on August 14, after market hours (Eastern Time) [2]. Company Overview - Cong Chain Group Limited is a holding company registered in the Cayman Islands, operating through its subsidiaries in China [2]. - The company was established in December 2017 and focuses on integrated solutions that include high-performance ASIC chips and supporting software and hardware for blockchain applications [2]. - Cong Chain employs a fabless business model, specializing in both front-end and back-end IC design, which is a critical part of the IC product development chain [2].