南京擎天拟赴港IPO，上半年业绩大幅下滑

Core Viewpoint - Nanjing Qingtian is a leading cross-border enterprise digital service provider in China, focusing on providing multi-dimensional digital solutions for cross-border enterprises engaged in import and export trade [1][3]. Group 1: Financial Performance - In the first half of 2025, Nanjing Qingtian reported a net profit of 7.219 million yuan, a significant decline of 74.9% year-on-year [2][3]. - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 was 120 million yuan, 161 million yuan, 171 million yuan, and 63.82 million yuan, respectively [3]. - The net profit figures for the same periods were 55.272 million yuan, 153 million yuan, 47.598 million yuan, and 7.219 million yuan [3]. Group 2: Market Presence and User Base - Since its establishment, Nanjing Qingtian has reached nearly 420,000 foreign trade export enterprises and cross-border e-commerce companies, serving approximately 160,000 users with over 2 million service instances [3]. - As of the end of 2024, the company had over 60,000 active users, with around 27,000 being paying customers [3]. - The company's market penetration rate was approximately 10% as of December 31, 2024 [3]. Group 3: Product and Revenue Breakdown - Nanjing Qingtian's cross-border enterprise intelligent financial and tax solutions generated revenues of 102 million yuan, 130 million yuan, 135 million yuan, and 56 million yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [3]. - These solutions accounted for 85.2%, 80.7%, 78.9%, and 87.5% of total revenue during the same periods [3]. Group 4: IPO and Fund Utilization - The funds raised from the IPO will primarily be used for product research and development, market expansion, and supplementing working capital [4]. - A portion of the funds will also be allocated for upgrading core technologies and existing infrastructure to drive product innovation, as well as for strategic investments and acquisitions [4].