aisidi(SZ:002416) Zheng Quan Shi Bao Wang·2025-08-27 06:45Core Viewpoint - Aishide (002416) reported a revenue of 25.37 billion yuan and a net profit of 255 million yuan for the first half of 2025, reflecting a strategic optimization of its business structure despite a challenging market environment [2] Group 1: Financial Performance - The company's revenue increased to 25.37 billion yuan, while net profit reached 255 million yuan, driven by a reduction in low-margin and uncertain businesses [2] - Gross margin improved from 3.88% in the same period last year to 5.09%, indicating early success in business structure optimization [2] Group 2: Business Operations - Aishide is a leading digital distribution and retail service provider in China, serving as a primary distributor for major smartphone brands including Apple, Honor, Samsung, and Meizu [2] - The company has a comprehensive service network covering all channels from T1 to T6, with over 2,000 authorized stores for Apple and 7,000 clients for Honor [2] Group 3: Overseas Expansion - The company experienced a 29.96% year-on-year increase in overseas sales revenue, with significant market share gains for Honor in Hong Kong and Macau [3] - In Vietnam, retail activation volume grew by over 300%, showcasing strong capabilities in overseas market development [3] Group 4: Industry Outlook - Despite short-term fluctuations in the consumer electronics industry, long-term growth trends remain positive, with IDC predicting a gradual recovery in the global smartphone market [3] - The instant retail sector is experiencing rapid growth, with Aishide's instant retail scale increasing by over 100% year-on-year [3] Group 5: Strategic Initiatives - The company plans to deepen its distribution service system and expand retail presence, aiming to enhance market share and profitability as the consumer market recovers [4] - Aishide is pursuing a dual strategy of "internal growth and external development," focusing on investments in smart terminals and artificial intelligence through a newly established investment fund [4]