Huakai Yibai(SZ:300592) Xin Lang Cai Jing·2025-10-15 07:43Core Viewpoint - The company, Huakai Yibai, is experiencing growth in its cross-border e-commerce business, benefiting from the depreciation of the RMB and leveraging technologies such as AIGC and VR to enhance operational efficiency and service offerings [2][3]. Group 1: Company Overview - Huakai Yibai Technology Co., Ltd. was established on February 23, 2009, and listed on January 20, 2017. The company focuses on spatial environment art design and provides comprehensive exhibition services for large exhibition halls, with a primary revenue source from cross-border e-commerce [7]. - As of June 30, 2025, the company reported a revenue of 4.538 billion yuan, representing a year-on-year growth of 28.97%, while the net profit attributable to shareholders decreased by 72.69% to 36.74 million yuan [7]. Group 2: Business Segments - The company's revenue composition includes 92.16% from cross-border e-commerce, 7.71% from comprehensive cross-border e-commerce services, and 0.18% from other business activities [7]. - The company is actively involved in multiple platforms and regions for its cross-border e-commerce exports, primarily targeting Europe and North America [2]. Group 3: Technological Integration - The company utilizes self-developed systems incorporating AIGC technology to automate product copy generation, significantly reducing labor costs and improving operational efficiency [2]. - Huakai Yibai's VR technology is applied in exhibition setups, focusing on environmentally friendly design and exploring VR content creation and interactive platforms [2]. Group 4: Market Performance - On October 15, the stock price of Huakai Yibai increased by 2.28%, with a trading volume of 67.5634 million yuan and a market capitalization of 4.359 billion yuan [1]. - The average trading cost of the stock is 11.41 yuan, with the current price near a support level of 10.63 yuan, indicating potential for a rebound if this support holds [6].