DLG EXPO(SH:600826) Zheng Quan Zhi Xing·2025-08-27 08:13Core Viewpoint - The report highlights the financial performance and operational activities of Donghao Lansheng Exhibition Group Co., Ltd. for the first half of 2025, indicating a decline in revenue and net profit while emphasizing the company's strategic initiatives in the exhibition industry and its commitment to sustainable development and digital transformation [1][3][18]. Financial Performance - The company reported a revenue of approximately 553.39 million yuan, a decrease of 6.21% compared to the same period last year [2][8]. - The total profit amounted to approximately 103.24 million yuan, down by 1.86% year-on-year [2]. - The net profit attributable to shareholders was approximately 56.93 million yuan, reflecting a significant decline of 30.74% compared to the previous year [2][8]. - The net cash flow from operating activities increased by 161.72%, reaching approximately 143.98 million yuan [2]. Industry Overview - The exhibition industry in China is undergoing a phase of optimization and quality enhancement, driven by technological innovation and the need for digital transformation [3][4]. - The 2025 government work report emphasizes the strategic value of the exhibition industry in promoting high-quality development and stabilizing foreign trade and investment [3][4]. Operational Highlights - The company organized and participated in 11 exhibitions with a total area of approximately 684,000 square meters during the reporting period [8][11]. - The company hosted five running events with a total participation of about 35,000 people [8][11]. - The Shanghai World Expo Exhibition and Convention Center hosted 35 exhibitions and events, covering a total rental area of 4.27 million square meters [8][11]. Strategic Initiatives - The company is focusing on sustainable development, with an emphasis on green practices in the exhibition industry, such as using recyclable materials and promoting energy management [4][5]. - The company is enhancing its digital capabilities, integrating AI and 5G technologies into its operations to improve service efficiency and customer experience [5][17]. - The company aims to expand its international presence and brand recognition through strategic partnerships and participation in global exhibitions [15][19]. Future Outlook - The company plans to continue leveraging its full industry chain resources to enhance its competitive edge and drive growth in the exhibition sector [6][14]. - The focus will be on high-end equipment, cultural tourism, and innovative exhibition formats to attract more participants and exhibitors [8][14].