UTIMES(SH:688638) Zhong Guo Jing Ji Wang·2025-10-07 01:22Core Insights - Yuchen Intelligent (688638.SH) reported a revenue of 312 million yuan for the first half of 2025, representing a year-on-year growth of 7.05% [1] - The company recorded a net loss attributable to shareholders of 54.89 million yuan, compared to a loss of 45.27 million yuan in the same period last year [1] - The net cash flow from operating activities was 26.99 million yuan, a significant improvement from a negative cash flow of 164 million yuan in the previous year [1] Financial Performance - For 2024, Yuchen Intelligent reported a net loss attributable to shareholders of 128 million yuan and a net loss of 136 million yuan after excluding non-recurring gains and losses [1] - The company’s initial public offering (IPO) raised a total of 839 million yuan, with a net amount of 754.51 million yuan after deducting issuance costs, exceeding the original plan by 326.49 million yuan [2] - The total issuance costs for the IPO amounted to 84.49 million yuan, with underwriting fees accounting for 64.13 million yuan [3] Stock Market Activity - Yuchen Intelligent was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 12, 2023, with an issuance of 10 million shares at a price of 83.90 yuan per share [1] - On the first day of trading, the stock reached a peak price of 84.20 yuan, which remains the highest price since its listing, but the stock is currently in a state of decline [1]