股价暴涨！大智慧业绩小幅亏损

Core Viewpoint - Dazhihui, a well-known company in the securities IT sector, is expected to report significant losses for the first half of 2025 despite a recent surge in stock price, indicating a potential disconnect between market performance and financial fundamentals [1][4]. Group 1: Financial Performance - Dazhihui anticipates a net profit attributable to shareholders of between -4.2 million yuan and -2.8 million yuan for the first half of 2025, with a non-recurring net profit expected to be between -40 million yuan and -30 million yuan [1][4]. - The company reported a significant increase in stock price, rising by 75.58% since June 23, 2023, and reaching a price of 15.82 yuan per share, with a total market capitalization of 31.5 billion yuan [4]. Group 2: Business Operations - The increase in non-recurring losses is attributed to the disposal of a subsidiary, where Dazhihui recognized an investment gain of 35.305 million yuan from selling its 100% stake in Shanghai Tianlanlan Investment Management Co., Ltd [4]. - Despite some growth in business revenue compared to the previous year, the overall income increase has not been sufficient to cover the costs, leading to losses [4]. Group 3: Market Position and Future Plans - Dazhihui has responded to recent market trends, clarifying that it currently does not have qualifications or engage in businesses related to "stablecoins," "virtual asset trading," or "cross-border payments," which are currently popular topics in the market [4]. - The company is in discussions with Xiangcai Co. regarding a potential merger through a share exchange, which is complex and subject to regulatory policies and costs, leading to uncertainties in the transaction's progress [5].