Core Viewpoint - Guangdong JianKe Group Co., Ltd. (stock code: 301632) was listed on the Shenzhen Stock Exchange's ChiNext board, opening at 32.66 yuan and closing at 34.01 yuan, marking an increase of 418.45% with a trading volume of 19.48 billion yuan and a turnover rate of 84.59% [1] Company Overview - The main business of Guangdong JianKe is inspection and testing technology services in the construction engineering sector [2] - The controlling shareholder is Guangdong Provincial Construction Engineering Group Holdings Co., Ltd., which holds 55.21% of the shares [2] - The actual controller is the Guangdong Provincial State-owned Assets Supervision and Administration Commission [2] Financial Performance - The company reported revenues of 107,227.97 million yuan, 115,447.37 million yuan, and 119,739.37 million yuan for the years 2022, 2023, and 2024 respectively [5][6] - Net profits for the same years were 10,171.13 million yuan, 9,815.27 million yuan, and 10,547.42 million yuan [6] - The company expects revenue for the first half of 2025 to be between 54,000 million yuan and 56,000 million yuan, representing a year-on-year growth of 3.26% to 7.09% [9] Accounts Receivable and Contract Assets - Accounts receivable and contract assets have shown significant growth, with balances of 25,806.02 million yuan, 35,883.28 million yuan, and 61,820.00 million yuan over the reporting periods, accounting for 33.21%, 39.09%, and 57.65% of revenue respectively [2][11] - The aging of accounts receivable has increased, with over 36.66% of accounts receivable being over one year old by the end of 2024 [11] Fundraising and Use of Proceeds - The company raised a total of 68,656.96 million yuan through its public offering, with a net amount of 62,917.97 million yuan after deducting issuance costs [4] - The funds will be used for the construction of an innovation technology research institute and the establishment of a testing and marketing service network [5] Dividend Distribution - The company distributed dividends totaling 141 million yuan during the reporting period, with cash dividends of 7,847.50 million yuan in 2022 and 6,278.00 million yuan in 2023 [13][14]