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连连数字上半年总收入7.83亿元，研发费用同比增长29.5%
2 1 Shi Ji Jing Ji Bao Dao·2025-08-28 11:48

Core Viewpoint - Lianlian Digital reported strong financial performance for the first half of 2025, with significant growth in total revenue and operating profit, driven by both global and domestic payment services [1][2]. Financial Performance - Total revenue for the first half of 2025 reached 783 million yuan, with a gross profit of 410 million yuan, representing year-on-year growth of 26.8% and 25% respectively [1]. - Operating profit increased by 85% to 63 million yuan, maintaining a gross margin of 51.9% compared to the same period last year [1]. Payment Volume and Business Segments - Total Payment Volume (TPV) for Lianlian Digital was 2.1 trillion yuan, reflecting a year-on-year increase of 32% [1]. - Global payment TPV amounted to 198.5 billion yuan, with a remarkable growth of 94%, while total revenue from global payment services was 470 million yuan, up 27% [1]. - Domestic payment TPV reached 1.87 trillion yuan, growing by 27.6%, with total revenue from domestic payment services at 210 million yuan, an increase of 24.6% [1]. - Value-added services generated total revenue of 89.59 million yuan, marking a year-on-year growth of 34.2% [1]. Market Expansion and Strategy - The company is focusing on expanding its presence in emerging markets while maintaining stability in traditional markets like Europe and the U.S. [2]. - Lianlian Digital is enhancing its B2B and service trade sectors, and is actively exploring new markets in Southeast Asia, the Middle East, and Latin America [2]. Research and Development Investment - R&D expenses for the first half of 2025 totaled 190 million yuan, with adjusted R&D expenses (excluding share-based compensation) at 160 million yuan, a 29.5% increase year-on-year [3]. - The company is investing in innovative technologies, particularly in blockchain and artificial intelligence, with a focus on Web 3 applications [3]. - Proceeds from a recent share placement will allocate 50% towards innovation and application of blockchain technologies in global payment services [3].