Group 1 - The core viewpoint of the article indicates that 森松国际 (02155.HK) experienced a significant decline in revenue, with a decrease of 22.7% to approximately RMB 2.687 billion for the six months ending June 30, 2025 [1] - The revenue decline is attributed to the impact of the macroeconomic environment and product delivery cycles on certain industries [1] - The company's gross profit margin remained stable at approximately 29.4% compared to the same period last year [1] Group 2 - For the six months ending June 30, 2025, the company recorded earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately RMB 523 million, representing a year-on-year decrease of about 5.9% [1]