Core Viewpoint - 博汇科技's financial performance in the first half of 2025 shows a decline in revenue and continued net losses, indicating ongoing challenges in its operations [1][2]. Financial Performance Summary - The company achieved operating revenue of 51.20 million yuan in the first half of 2025, a decrease of 9.45% compared to the same period last year [1][2]. - The net profit attributable to shareholders was -16.90 million yuan, an improvement from -22.26 million yuan in the previous year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -19.42 million yuan, also an improvement from -23.59 million yuan year-on-year [1][2]. - The net cash flow from operating activities was -37.84 million yuan, compared to -33.10 million yuan in the same period last year [1][2]. Historical Financial Data - In 2022, 2023, and 2024, 博汇科技's operating revenues were 156.97 million yuan, 191.83 million yuan, and 172.83 million yuan, respectively [2]. - The net profits attributable to shareholders for the same years were -31.12 million yuan, -43.17 million yuan, and -38.47 million yuan, respectively [2]. - The net profits after deducting non-recurring gains and losses for these years were -35.85 million yuan, -44.15 million yuan, and -41.97 million yuan, respectively [2]. - The net cash flow from operating activities for these years were 1.92 million yuan, -23.96 million yuan, and 12.99 million yuan, respectively [2]. Company Background - 博汇科技 was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 12, 2020, with an initial stock issuance of 14.2 million shares at a price of 28.77 yuan per share [3]. - The company reached its highest stock price of 132.98 yuan on June 15, 2020, just after its listing [4]. - The total funds raised from the initial public offering amounted to 408.53 million yuan, with a net amount of 357.57 million yuan after deducting issuance costs [4].
博汇科技连亏三年半 2020年上市即巅峰募4.1亿元