Group 1 - The core viewpoint of the articles highlights the significant revenue growth of Qianxun Technology, with a reported revenue of RMB 647 million for the six months ending June 30, 2025, representing an increase of 864.17% year-on-year [1] - The company attributed this explosive revenue growth primarily to its acquisition of a second-hand electronic products e-commerce business in August 2024, which contributed approximately RMB 626 million in revenue during the reporting period [1] - Qianxun Technology has actively innovated in the second-hand 3C e-commerce sector through diversified recycling channels, including online platforms, self-service kiosks, and self-operated stores, achieving efficient recovery of second-hand 3C products [1] Group 2 - The company plans to leverage the high growth of its second-hand e-commerce business to offset the weakness in its advertising business in the short term, stabilizing its core operations [2] - In the medium term, the company aims to optimize its supply chain and utilize AI technology to achieve cost restructuring and efficiency improvements [2] - The long-term strategy involves building a "technology + supply chain + finance" triangular barrier to establish itself as a benchmark enterprise in the circular economy [2]