Lakala(SZ:300773) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-09 12:04Core Viewpoint - Lakala has experienced a significant decline in revenue and profit, with major shareholders, including Sun Haoran, completing their share reduction plans, indicating potential challenges for the company moving forward [1][2][3]. Financial Performance - In the first half of the year, Lakala reported revenue of 2.65 billion yuan, a year-on-year decrease of 11% [1]. - The net profit attributable to shareholders was 230 million yuan, down 45% year-on-year, while the net profit after deducting non-recurring items decreased by 65% [1]. - The decline in revenue is attributed to the overall impact on the bank card acquiring market, with total payment transaction amounts decreasing by 9.2% year-on-year [1][4]. Shareholder Activity - Sun Haoran, the third-largest shareholder, has completed a share reduction of 2.45%, cashing out approximately 493 million yuan [1][2]. - Following the reduction, Sun Haoran no longer holds any shares in Lakala [2]. - Lenovo Holdings, the largest shareholder, has also announced plans to reduce its holdings through similar methods [3]. Business Segments - Lakala's main business segments include digital payment services and technology services [4]. - Digital payment services generated revenue of 2.36 billion yuan, a year-on-year decline of 10.3%, primarily due to the overall market impact [4]. - Cross-border payment transactions increased by 73.5% year-on-year, with a total transaction amount of 37.1 billion yuan [5]. Market Expansion - Lakala has expanded its cross-border payment capabilities, adding local currency collection capabilities in Brazil and Mexico, in addition to Southeast Asia and Africa [5]. - The company served over 160,000 clients, a year-on-year increase of 70.4% [5].