DeepGlint(SH:688207) Zhong Guo Jing Ji Wang·2025-09-16 08:52Core Viewpoint - The company, Geling Shentong, reported a significant decline in revenue and increased net losses for the first half of 2025 compared to the same period in the previous year [1][2]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 42.47 million yuan, a decrease of 17.22% year-on-year from 51.31 million yuan [1][2]. - The net profit attributable to shareholders was -79.85 million yuan, compared to -77.92 million yuan in the same period last year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -85.58 million yuan, slightly worse than -81.54 million yuan in the previous year [1][2]. - The net cash flow from operating activities was -103.12 million yuan, worsening from -87.40 million yuan year-on-year [1][2]. Historical Financial Data - In 2023 and 2024, the company's operating revenues were 262.00 million yuan and 117.24 million yuan, respectively, indicating a 55.30% decline in 2024 compared to 2023 [3]. - The net profit attributable to shareholders for 2024 was -211.60 million yuan, compared to -90.33 million yuan in 2023 [3]. - The net cash flow from operating activities in 2024 was -146.50 million yuan, compared to -31.24 million yuan in 2023 [3]. Initial Public Offering (IPO) Details - Geling Shentong raised a total of 1.826 billion yuan from its IPO, with a net amount of 1.670 billion yuan after deducting issuance costs [4]. - The company initially planned to raise 1.000 billion yuan for various projects, including AI algorithm platform upgrades and marketing service system enhancements [4]. - The total number of shares increased to 258,973,147 after a capital increase distribution to shareholders [4].