Intchains(US:ICG) Jin Rong Jie·2025-12-15 15:15Core Viewpoint - The article discusses the financial performance and market position of Cong Chain (ICG), highlighting its recent stock performance and financial results, indicating both growth in revenue and a significant decline in net profit [1]. Financial Performance - As of June 30, 2025, Cong Chain reported total revenue of 176 million RMB, representing a year-on-year increase of 19.22% [1]. - The net profit attributable to the parent company was 4.255 million RMB, showing a substantial year-on-year decrease of 88.03% [1]. Company Overview - Cong Chain Group Limited is a holding company registered in the Cayman Islands, operating through its subsidiaries in China [1]. - The company began operations in December 2017 with the establishment of Shanghai International Chain Technology Co., Ltd. in Shanghai, China [1]. - Cong Chain is a provider of integrated solutions, focusing on high-performance ASIC chips and supporting software and hardware for blockchain applications [1]. - The company employs a fabless business model, specializing in both front-end and back-end IC design, which is a critical part of the IC product development chain [1]. - Cong Chain has established a strong supply chain management with leading foundries, ensuring product quality and stable production output [1].