Financial Data and Key Metrics Changes - The company achieved total revenue of over RMB 100 million, representing a 10% year-over-year increase, driven by structural optimization across business lines [5][13][14] - Gross profit rose by 15.6% year-over-year, with gross margin improving by 0.8 percentage points [13][17] - Operating income and net income increased by 30% and 30.2% year-over-year, respectively, indicating a shift from scale expansion to quality growth [13][18] Business Line Data and Key Metrics Changes - Engineering solutions for intelligent projects, which account for over 90% of revenue, saw a 13.4% year-over-year revenue growth, with new contracts signed increasing from 82 to 144, a 76% increase [6][15] - Revenue from operation and maintenance of intelligent projects decreased to RMB 4.3 million from RMB 4.9 million year-over-year [15] - Sales of intelligent system equipment and materials dropped to RMB 10,000 from RMB 1.67 million year-over-year [16] Market Data and Key Metrics Changes - The company is positioned to capitalize on the global demand for intelligent building solutions, leveraging its tech-powered execution and strong credibility post-IPO [5][11] - The company holds Class 1 licenses in various engineering sectors, enhancing its competitive advantage in both domestic and potential overseas markets [9] Company Strategy and Development Direction - The company aims to establish itself as a global benchmark in intelligent engineering while strengthening its core domestic operations [10] - Strategic integration of maintenance services with new projects is expected to enhance customer retention and lifecycle value [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience and ability to navigate macroeconomic conditions, emphasizing the importance of tech-driven execution and high-margin returns [11][13] - The global boom in intelligent buildings presents significant opportunities for the company to evolve from a domestic leader to a global benchmark [11] Other Important Information - The company has obtained a total of 23 patents and 28 software copyrights, reflecting its commitment to R&D in intelligent security and other technologies [9] - Cash and cash equivalents as of March 31, 2025, were reported at RMB 21.4 million, slightly up from RMB 20.8 million [19] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from participants [21]

Financial Data and Key Metrics Changes - The company achieved total revenue of over RMB 100 million, up 10% year over year, driven by structural optimization across business lines [10] - Gross profit rose 15.6% year over year, with gross margin improving by 0.8 percentage points [23] - Operating income and net income increased by 30% and 30.2% year over year, respectively, indicating a shift towards quality growth [23][45] Business Line Data and Key Metrics Changes - Engineering solutions for intelligent projects, which contribute over 90% of revenue, saw a 13.4% year-over-year revenue growth [11] - The operation and maintenance segment experienced a revenue decrease from $4.9 million to $4.3 million year over year [30] - Sales of intelligent system equipment and materials dropped from $1.67 million to $10,000 year over year [32] Market Data and Key Metrics Changes - The company signed 144 new engineering solutions contracts, a 76% increase from the previous year [11] - The average contract value increased year over year, reflecting market recognition of the company's technology premium [11] Company Strategy and Development Direction - The company aims to establish itself as a global benchmark in intelligent engineering while strengthening core domestic operations [16] - There is a focus on tech-driven execution and enhancing service for domestic customers to maintain stable cash flows [18] Management's Comments on Operating Environment and Future Outlook - Management highlighted the resilience of core strengths amid a global boom in intelligent buildings, presenting opportunities for growth [18] - The company plans to leverage its IPO-backed credibility to capture high-margin returns [18] Other Important Information - The company holds Class 1 licenses in various engineering sectors, providing a competitive barrier as it expands into overseas markets [15] - As of March 31, 2025, the company had obtained a total of 23 patents and 28 software copyrights, indicating a strong commitment to R&D [15] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from participants [52]

Core Viewpoint - Julong Holding Limited reported strong operational and financial results for the first half of fiscal year 2025, highlighting a 10% year-over-year revenue growth and a significant increase in contracts signed for intelligent projects [2][4]. Financial Highlights - Total revenue increased by 10% year-over-year to RMB102 million (approximately US$14.08 million) for the six months ended March 31, 2025, compared to RMB92.85 million in the same period of fiscal year 2024 [4][12]. - Revenue from core engineering solutions for intelligent projects rose by 13.4% to RMB97.86 million (approximately US$13.49 million) [5]. - Gross profit increased by 15.6% to RMB16.72 million (approximately US$2.30 million), with gross margin improving to 16.4% from 15.6% year-over-year [7][12]. - Operating income and net income both rose by 30% and 30.2% year-over-year, reaching RMB13.61 million (approximately US$1.88 million) and RMB11.57 million (approximately US$1.59 million) respectively [8][9]. Operational Performance - The company signed 144 contracts for engineering solutions, marking a 76% increase year-over-year [2]. - Operating expenses decreased by 22.1% to RMB3.11 million (approximately US$428 thousand), reflecting the company's efforts to reduce costs and improve efficiency [8]. Initial Public Offering (IPO) - Julong completed its IPO on June 27, 2025, offering 1,250,000 Class A ordinary shares at US$4.00 per share, with total offering size approximately US$5.75 million [3]. Future Outlook - The company aims to expand its domestic business while increasing its international presence, leveraging its technologies and brand influence as a U.S.-listed entity [2].

Company Overview - Julong Holding Limited is a growth-oriented provider of intelligent integrated solutions, founded in 1997, serving public utilities, commercial properties, and multifamily residential properties in China [5] - The company offers a comprehensive suite of solutions including intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management [5] - Julong focuses on executing complex projects successfully and on time, emphasizing "deliveries before deadline" and "customers first" initiatives [5] Initial Public Offering (IPO) Details - Julong announced the closing of its IPO, offering 1,250,000 Class A ordinary shares at a price of US$4.00 per share, resulting in gross proceeds of US$5.0 million before expenses [1] - The shares began trading on the Nasdaq Capital Market under the ticker symbol "JLHL" on June 26, 2025 [1] - The company has granted the underwriter an option to purchase an additional 187,500 Class A ordinary shares within 45 days at the offering price [2] Use of Proceeds - The net proceeds from the IPO will be used for strategic acquisitions and investments to enhance market position and competitiveness [1] - Funds will also be allocated to expand the customer base and geographical reach in mainland China and internationally [1] - Investment in research and development to enhance technology capabilities in hardware and software domains is also planned [1]