Core Viewpoint - Beijing Bashi Media Co., Ltd. reported a decline in revenue and profit for the first half of 2025, with total revenue of approximately RMB 1.92 billion, a decrease of 4.31% compared to the same period last year, and a net profit attributable to shareholders of approximately RMB 3.64 million, down 37.22% [2][3][4]. Company Overview and Financial Indicators - The company operates in three main business segments: advertising media, automotive services, and new energy [3]. - Key financial data for the first half of 2025 includes: - Total revenue: RMB 1,923,830,213.67 - Total profit: RMB 21,755,043.44 - Net profit attributable to shareholders: RMB 3,637,989.17 - Total assets: RMB 4,503,792,547.23 [2][4]. Business Segment Analysis Advertising Media - The advertising media segment manages bus body advertisements, bus stop shelters, and other public transport media, with approximately 16,000 buses involved [3]. - The company has 11,000 bus stop light boxes and operates through both self-managed and cooperative models [3]. Automotive Services - The automotive services segment includes vehicle sales, maintenance, leasing, and scrapping [3]. - The company has authorized dealerships for various brands and operates a vehicle leasing company with 780 vehicles, including 176 electric vehicles [3]. New Energy - The new energy segment focuses on the construction and operation of charging facilities, with 956 charging stations and 6,831 public charging piles operational as of June 30, 2025 [3][4]. Operational Performance - The company has implemented measures to improve operational quality and efficiency, focusing on enhancing self-management capabilities and reducing costs [3]. - The advertising media segment has seen a decrease in revenue due to reduced income from bus body media and vehicle sales [4]. Financial Performance - The company reported a net cash flow from operating activities of RMB 238,483,125.43, an increase of 13.33% compared to the previous year [4]. - The total assets decreased by 2.12% compared to the previous year, with total assets at RMB 4,503,792,547.23 [2][4]. Risk and Challenges - The company faces challenges in the automotive services sector due to economic pressures and industry consolidation, which may impact profitability [5]. - The new energy segment is also under pressure from rapid technological changes and market competition [5].

Group 1 - The stock price of Beiba Media closed at 4.65 yuan on July 31, 2025, down 1.69% from the previous trading day [1] - The stock exhibited significant volatility during the trading session, with a maximum price of 4.92 yuan and a minimum of 4.64 yuan, resulting in a fluctuation of 5.92% [1] - The total trading volume for the day was 239,800 hands, with a transaction amount of 114 million yuan [1] Group 2 - Beiba Media's main business includes automotive services and advertising media, operating in areas such as bus advertising media operations and automotive sales and maintenance in Beijing [1] - The company is also involved in services related to new energy vehicles [1] - During the trading session, the stock experienced rapid fluctuations, with a rebound of over 2% within 5 minutes at 10:19 AM, followed by a decline of over 2% within 5 minutes at 10:24 AM [1] Group 3 - The net inflow of main funds during the trading day was 7.22 million yuan [1]