Core Viewpoint - Minglue Technology's stock experienced a significant drop of over 7% on the second day after its IPO, despite a previous surge of 106.1% on the first day, indicating volatility in investor sentiment [1] Company Overview - Minglue Technology focuses on providing data intelligence products and solutions, primarily in marketing intelligence and operational intelligence, leveraging large models, industry-specific knowledge, and multimodal data to transform enterprise marketing and operational strategies [1] - According to Frost & Sullivan, the company is the largest data intelligence application software provider in China based on total revenue projections for 2024 [1] IPO Performance - The IPO attracted a subscription amount of HKD 352.4 billion, with an oversubscription rate of approximately 3462 times [1] Financial Performance - Revenue projections for Minglue Technology from 2022 to 2025 are as follows: - 2022: RMB 1.269 billion - 2023: RMB 1.462 billion - 2024: RMB 1.381 billion - 2025 (H1): RMB 565 million - 2025 (H1): RMB 644 million [1] - A strategic adjustment in the operational intelligence business in 2024 is expected to lead to a revenue decline, but a recovery in revenue growth is anticipated in the first half of 2025 [1] Operational Highlights - In the first half of 2025, the company achieved an operational profit of RMB 6.1 million, marking its first turnaround to profitability [1] - Adjusted net profit (not measured under Hong Kong Financial Reporting Standards) also showed improvement, with a net profit of RMB 24.9 million recorded in the first half of 2025 [1]
明略科技-W上市次日回落逾7% 昨日飙涨超100%