Core Viewpoint - The company reported significant growth in revenue but a substantial decline in net profit for the first half of 2025, indicating challenges in profitability despite strong sales performance [1] Financial Performance - The company achieved operating revenue of 38.199 billion, a year-on-year increase of 53.46% [1] - Net profit for the period was 759 million, while attributable net profit dropped by 86.41% to 172 million [1] - The pre-receivable sales amount (including sales tax) at the end of the reporting period was 74.543 billion [1] Sales and Market Position - The company recorded sales of 50.22 billion, ranking 11th on the CR sales leaderboard [1] - The company has iteratively improved its "Technology + Good House" product system 2.0, successfully implemented in cities like Zhuhai, Chengdu, and Xi'an [1] Financial Management - The company has strengthened capital management and optimized financing costs, achieving a comprehensive financing cost of 4.76%, a decrease of 46 basis points compared to the end of 2024 [1] - As of the end of the reporting period, long-term interest-bearing liabilities accounted for over 80% of total interest-bearing liabilities, maintaining a stable asset-liability structure [1] - The asset-liability ratio, excluding pre-receivables, was 63%, and the cash-to-short-term debt ratio was 1.34, indicating stable debt repayment capability [1]