Core Viewpoint - Yingjianke (300935.SZ) reported a decline in revenue and increased net losses for the first three quarters of 2025 compared to the previous year [1][2]. Financial Performance - The company's operating revenue for the first three quarters was 72.584 million yuan, a decrease of 3.02% year-on-year [1][2]. - The net profit attributable to shareholders was -47.400 million yuan, worsening by 25.83% compared to the same period last year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -53.768 million yuan, a decline of 16.40% year-on-year [2]. - The net cash flow from operating activities was -56.425 million yuan, representing a 31.46% decrease from the previous year [2]. Historical Financial Data - From 2022 to 2024, Yingjianke's projected operating revenues are 166.7 million yuan, 163 million yuan, and 134 million yuan respectively [2]. - The projected net profits attributable to shareholders for the same period are -27.942 million yuan, -40.189 million yuan, and -50.780 million yuan [2]. - The projected net profits after deducting non-recurring gains and losses are -44.589 million yuan, -53.627 million yuan, and -62.495 million yuan [2]. Company Background - Yingjianke was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on January 20, 2021, with an initial issuance of 14.13 million shares at a price of 56.96 yuan per share [3]. - The stock reached a peak price of 190.00 yuan on its first trading day but is currently in a state of decline [3]. - The total funds raised from the initial public offering amounted to 804.845 million yuan, with a net amount of 737.364 million yuan after deducting issuance costs [3]. - The company plans to use the raised funds for various projects, including the development of a Building Information Modeling (BIM) platform and the expansion of its marketing and service network [3].

Core Points - The company Yingjianke (300935.SZ) reported a decline in revenue and increased net losses for the first half of 2025 compared to the previous year [1][2] - The company's operating income for the first half of 2025 was 48.45 million yuan, a decrease of 4.11% year-on-year [2] - The net profit attributable to shareholders was -32.38 million yuan, representing a 32.01% increase in losses compared to the same period last year [2] - The net profit after deducting non-recurring gains and losses was -36.56 million yuan, a 22.34% increase in losses year-on-year [2] - The net cash flow from operating activities was -40.72 million yuan, a decline of 14.78% compared to the previous year [2] Financial Performance Summary - In 2024, the company achieved an operating income of 133.82 million yuan, down 17.65% from 2023 [4] - The net profit attributable to shareholders in 2024 was -50.78 million yuan, a 26.35% increase in losses compared to 2023 [4] - The net profit after deducting non-recurring gains and losses for 2024 was -62.50 million yuan, a 16.54% increase in losses year-on-year [4] - The net cash flow from operating activities in 2024 was -32.42 million yuan, a 12.00% decline compared to 2023 [4] Historical Financial Data - In 2022, the company reported an operating income of 167.36 million yuan and a net profit of -27.94 million yuan [3] - The net profit after deducting non-recurring gains and losses in 2022 was -44.59 million yuan, with a net cash flow from operating activities of -50.05 million yuan [3] IPO and Fundraising - Yingjianke was listed on the Shenzhen Stock Exchange's ChiNext on January 20, 2021, with an initial issuance of 14.13 million shares at a price of 56.96 yuan per share [4][5] - The total funds raised from the IPO amounted to 80.48 million yuan, with a net amount of 73.74 million yuan after deducting issuance costs [5] - The company planned to use the raised funds for various projects, including the development of a Building Information Modeling (BIM) platform and marketing network expansion [5]

Group 1: Financial Performance - In 2024, the company achieved operating revenue of 133.82 million yuan, a year-on-year decrease of 17.65% [6] - The net profit attributable to shareholders was -50.78 million yuan, reflecting a year-on-year decline of 26.35% [6] Group 2: Business Challenges - The decline in software sales revenue is primarily attributed to delays in new digital procurement demands from certain clients [2][6] - The company is facing challenges due to fluctuations in industry prosperity, particularly in the real estate and infrastructure sectors [4] Group 3: Strategic Initiatives - The company plans to enhance its core competitiveness and profitability through continuous R&D investment and product innovation [3] - It aims to explore new business areas and optimize its marketing service system to improve efficiency and expand its customer base [3] Group 4: Future Outlook - The company is optimistic about future growth opportunities in urban renewal, stock renovation, and new infrastructure projects [4] - It has developed a three-year shareholder return plan (2024-2026) to enhance profit distribution transparency and protect shareholder rights [5] Group 5: Fund Utilization - The implementation progress of other fundraising projects is in line with expectations, with plans to permanently supplement working capital with surplus funds from completed projects [5]