Core Viewpoint - The company, Jiachun Holdings (01937.HK), reported a significant decrease in revenue for the six months ending June 30, 2025, amounting to RMB 81.4 million, a 25.2% decline from approximately RMB 108.7 million for the same period in 2024, primarily due to weakened demand and increased competition in the commercial building construction industry [1] Financial Performance - Revenue for the six months ending June 30, 2025, was RMB 81.4 million, down from RMB 108.7 million in the previous year, reflecting a 25.2% decrease [1] - Gross profit decreased from RMB 29.5 million for the six months ending June 30, 2024, to RMB 19.5 million in the current period [1] - The company reported a net loss of RMB 1.1 million for the current period, compared to a net profit of RMB 9.0 million for the six months ending June 30, 2024 [1] Strategic Adjustments - In response to the challenging environment, the company has strengthened its risk management procedures and adopted stricter project selection criteria, focusing on higher-margin opportunities and reputable clients [1] - Although these measures have led to a short-term decline in revenue, they are viewed as a pathway to more sustainable growth as market conditions stabilize [1]