Core Viewpoint - Haoyun Technology Co., Ltd. reported a significant increase in revenue but faced a substantial decline in net profit during the first half of 2025, indicating challenges in maintaining profitability despite growth in sales [6][12]. Financial Performance - The company's operating revenue reached approximately 274 million yuan, marking a 76.41% increase compared to the same period last year [6][25]. - The net profit attributable to shareholders was approximately -15.52 million yuan, a decrease of 349.61% year-on-year [6][12]. - The net cash flow from operating activities was -78.40 million yuan, a decline of 303.19% compared to the previous year [6][13]. - Total assets increased by 5.46% from the end of the previous year, amounting to approximately 1.50 billion yuan [6]. Business Overview - The company operates as a provider of low-code smart IoT data platforms, enterprise-wide digital empowerment engines, and big data operation services [7][10]. - The low-code platform allows for rapid application development with minimal coding, significantly reducing development costs and time [8][9]. - The integration of AI technologies into the low-code platform enhances its capabilities, enabling automatic code generation and real-time knowledge assistance [19][21]. Market Position and Strategy - The company is focusing on expanding its market presence in various sectors, including finance, education, and public safety, leveraging its technological advancements [10][11]. - The digital economy's growth is driving demand for digital transformation services among small and medium-sized enterprises, presenting opportunities for the company [14][15]. - The combination of AI and low-code development is recognized as a key driver for digital transformation across industries, enhancing efficiency and reducing barriers to entry [15][16]. Risks and Challenges - The company faces risks related to product and technology development, talent shortages, intensified market competition, and management challenges as it expands its operations [1][2][3]. - The increasing competition in the market may pressure profit margins and market share, necessitating continuous innovation and cost management [2][3]. Future Outlook - The company aims to capitalize on the growing demand for digital transformation and AI integration, positioning itself as a leader in the low-code and IoT sectors [14][15]. - Ongoing investments in research and development are expected to enhance the company's technological capabilities and product offerings [21][22].

Core Viewpoint - The company is focused on providing low-code smart IoT data platforms and enterprise-wide digital empowerment engines, integrating various technologies to offer comprehensive industry solutions. Company Overview - The company operates as a low-code smart IoT data platform and big data operation service provider, utilizing technologies such as low-code, IoT, cloud computing, and artificial intelligence to deliver integrated solutions across various industries including finance, education, energy, and public safety [2][7]. Main Products and Their Uses - The low-code development platform allows users to create applications with minimal coding, significantly reducing labor and time costs compared to traditional software development methods [4]. - The AI low-code generation engine converts user-defined business goals into executable code, enhancing development efficiency [5]. - The real-time knowledge assistant provides developers with instant guidance through a conversational interface, improving problem-solving efficiency [6]. - The low-code smart IoT data platform integrates IoT with business operations, enabling flexible deployment across various cloud architectures and facilitating real-time video analysis for security applications [7]. - The enterprise-wide digital empowerment engine combines low-code and AI technologies to create a suite of intelligent software products that enhance operational efficiency across multiple business functions [8]. Financial Data and Shareholder Information - The company plans to distribute a cash dividend of RMB 0.18 per share, totaling approximately RMB 12.02 million, based on a share base of 667,784,079 shares after excluding repurchased shares [18]. - The company has completed a share buyback of 8,733,000 shares, representing 1.29% of the total share capital, with a total expenditure of approximately RMB 30.09 million [13]. Important Events - The company has undergone a change in its auditing firm to Tianjian Accounting Firm, which provided a standard unqualified opinion on the financial statements [1]. - The company has engaged in multiple share pledges and releases by its controlling shareholder, indicating active management of shareholding structures [14][15][16].