Core Insights - The company reported a revenue of RMB 18.138 billion for the six months ending June 30, 2025, representing a year-on-year growth of 3.1% [1] - The revenue from community space living consumption services was RMB 11.325 billion, showing an increase of 11.8% year-on-year [1] - Revenue from business and urban space integrated services was RMB 5.749 billion, which decreased by 5.2% year-on-year [1] - Revenue from AIoT and BPaaS solution services was RMB 1.064 billion, reflecting a decline of 23.6% year-on-year [1] Revenue Breakdown - Circular business revenue reached RMB 16.309 billion, marking a year-on-year increase of 9.5%, accounting for 89.9% of total revenue, up by 5.2 percentage points year-on-year [1] - The gross profit from circular business was RMB 2.108 billion, with a gross margin of 12.9%, remaining stable year-on-year [1] Profitability Metrics - The total gross profit for the period was RMB 2.493 billion, an increase of 3.8% year-on-year [1] - The company's profit was RMB 0.838 billion, reflecting a year-on-year growth of 5.4% [1] - Core net profit amounted to RMB 1.321 billion, which is a year-on-year increase of 10.8% [1]

Group 1 - The core viewpoint of the article highlights the financial performance of the company, indicating a mixed growth trajectory across different service segments [1][2] - The company reported a total revenue of RMB 18.1375 billion for the reporting period, representing a year-on-year increase of 3.1% [1] - Revenue from community space residential consumption services reached RMB 11.325 billion, up 11.8% year-on-year, while revenue from commercial and urban space integrated services decreased by 5.2% to RMB 5.7487 billion [1] - AIoT and BPaaS solution service revenue fell by 23.6% to RMB 1.0638 billion [1] Group 2 - The company's core net profit for the reporting period was RMB 1.3211 billion, reflecting a growth of 10.8% compared to RMB 1.1923 billion in the same period of 2024 [2] - Gross profit amounted to RMB 2.4929 billion, an increase of 3.8% year-on-year, while administrative expenses decreased by RMB 77.4 million, down 8.0% [2] - The overall profit for the company was RMB 837.8 million, showing a year-on-year growth of 5.4% [2] - Non-recurring net losses were reported at RMB 247.5 million, which is an increase of RMB 93.1 million compared to the previous year [2]