Core Viewpoint - Qianxun Technology (01640) experienced a significant stock increase of over 5%, attributed to its impressive mid-year performance for 2025, showcasing a substantial rise in revenue and profit [1] Financial Performance - The company reported a revenue of 647 million RMB for the first half of the year, marking an increase of 864.17% year-on-year [1] - The profit attributable to the company's owners reached 51.5 million RMB, reflecting a year-on-year increase of 859.17% [1] Business Growth Drivers - The explosive revenue growth is primarily due to the acquisition of a second-hand electronic products e-commerce business in August 2024, which contributed approximately 626 million RMB to the revenue during the reporting period [1] - The e-commerce segment has become the largest source of revenue and profit for the company [1] Innovation and Operations - Qianxun Technology is actively innovating in the second-hand 3C e-commerce sector through diversified recycling channels, including online platforms, self-service kiosks, and self-operated stores [1] - The Qianxun Preferred City Operation Center has been operational for three months, successfully completing model testing and achieving positive cash flow and net profit on a monthly basis [1] - The company leverages advanced AI technology and the SaaS platform "Fenhao Cloud" to provide precise pricing, intelligent co-selling, and inventory management for second-hand digital transactions, significantly enhancing transaction and turnover efficiency [1]