Cai Jing Wang·2025-08-22 11:12Group 1 - The company reported a total revenue of RMB 30.19 billion for the first half of 2025, a year-on-year decrease of 11.97% due to a decline in the area settled for real estate development [1] - The exhibition (including hotels) and commercial property segments generated revenue of RMB 14.77 billion, representing a year-on-year increase of 18.32%, with a pre-tax profit of RMB 2.012 billion, up 1.59% year-on-year [1] - The company hosted 1,071 events in self-owned venues and hotels, a year-on-year increase of approximately 58.9%, with 18 major events attracting a total of 2.52 million visitors [1] Group 2 - The real estate development segment achieved revenue of RMB 14.61 billion (including parking spaces), reflecting a year-on-year decline of 29.71% [2] - As of the end of the reporting period, the total financing amounted to RMB 23.69 billion, providing stable financial support for the company's operations [2] - The company has been optimizing its debt structure and planning financing channels to reduce funding costs, resulting in an overall average financing cost decrease to 3.66% [2]