Core Viewpoint - The company, Zhizi City Technology (09911), experienced a significant stock price increase of over 9% following the release of its earnings forecast, indicating strong anticipated growth in revenue and profit for the first half of the year [1] Financial Performance - The company expects total revenue for the first half of the year to be approximately RMB 31.35 billion to RMB 32.15 billion, representing a year-on-year growth of about 38.0% to 41.5% [1] - The anticipated profit attributable to the company's owners is projected to be around RMB 4.70 billion to RMB 5.1 billion, reflecting a year-on-year increase of approximately 108.9% to 126.7% [1] Growth Drivers - The revenue growth is primarily attributed to the company's utilization of AI technology to drive the steady growth of diversified social products [1] - The profit growth is also linked to the completion of the acquisition of non-controlling interests in NBT Social Networking by December 2024, which will allow the company to fully consolidate NBT's financial performance into its results [1]

Core Viewpoint - The company, Zhizi City Technology (09911), experienced a significant stock price increase of over 9% following the release of its earnings forecast, indicating strong anticipated growth in revenue and profit for the first half of the year [1] Financial Performance - The company expects total revenue for the first half of the year to be approximately RMB 3.135 billion to RMB 3.215 billion, representing a year-on-year growth of about 38.0% to 41.5% [1] - The anticipated profit attributable to the company's owners is projected to be around RMB 470 million to RMB 510 million, reflecting a year-on-year increase of approximately 108.9% to 126.7% [1] Growth Drivers - The revenue growth is primarily attributed to the company's utilization of AI technology to drive the steady growth of diversified social products [1] - The profit growth is also linked to the completion of the acquisition of non-controlling interests in NBT Social Networking by December 2024, which will allow the company to fully consolidate NBT's financial performance into its results [1]