Core Viewpoint - Far East Horizon (03360) reported a slight decline in total revenue for the first half of 2025, while net profit attributable to ordinary shareholders increased, indicating a focus on maintaining operational quality amidst a challenging environment [1][2]. Financial Performance - The total revenue for the first half of 2025 was RMB 17.336 billion, a decrease of 3.88% year-on-year [1]. - Net profit attributable to ordinary shareholders was RMB 2.164 billion, reflecting a year-on-year increase of 3.77% [1]. - Basic earnings per share stood at RMB 0.51 [1]. Business Segments - The financial and consulting segment achieved revenue of RMB 11.090 billion, with a year-on-year growth of 2.10%, driven by comprehensive services and inclusive finance [1]. - The company maintained a stable non-performing asset ratio, ensuring asset quality remained safe and controllable [1]. - The private equity fund-related financial investments saw a fair value increase of RMB 360 million year-on-year due to capital market support [1]. Operational Strategy - The company emphasized safe and steady operations as a primary task, implementing stricter pre-lease reviews and maintaining high-quality client qualifications [2]. - The industrial operations segment experienced a decline in contribution due to market changes and intensified competition [2].