STS(SH:603322) Zhong Guo Jing Ji Wang·2025-08-25 06:44Core Viewpoint - The company, ChaoXun Communication, has announced the termination of its plan to issue A-shares to specific investors for the year 2023, which was initially intended to raise up to 1.08 billion RMB for various projects and debt repayment [1]. Group 1: Termination of A-Share Issuance - The company held meetings on August 22, 2025, where it approved the termination of the A-share issuance plan for 2023 [1]. - The planned fundraising amount was expected to be no more than 1,079.29 million RMB, which would have been allocated to the Ninghuai Green Digital Economy Computing Power Center project and repaying bank loans [1]. - The issuance was intended to involve up to 47,315,700 shares, representing no more than 30% of the company's total share capital prior to the issuance [1]. Group 2: Financial Performance - In the first half of the year, the company reported a revenue of 1.61 billion RMB, reflecting a year-on-year increase of 96.37% [2][3]. - The net profit attributable to shareholders was 72.09 million RMB, showing a significant growth of 155.26% compared to the same period last year [2][3]. - The net profit after excluding non-recurring gains and losses was 71.46 million RMB, which is a 159.96% increase year-on-year [2][3]. - The net cash flow from operating activities was 74.75 million RMB, a turnaround from a negative cash flow of 111.48 million RMB in the previous year, marking a 167.05% improvement [3].