Core Insights - The company Tianping Daohe (08403) reported a mid-year performance for 2025, with revenue approximately 44.87 million, representing a year-on-year decrease of about 23.20% [1] - The company experienced a loss attributable to owners of 12.025 million, marking a shift from profit to loss compared to the previous year; basic loss per share was 8.64 cents [1] - The decline in revenue is primarily attributed to the ongoing transformation and optimization of the core business structure, with a significant drop in revenue from exhibition-related activities; however, this decline was partially offset by substantial growth in revenue from SaaS platform services [1]