Core Viewpoint - The company reported a significant increase in revenue and a turnaround in profit for the six months ending June 30, 2025, indicating strong performance in its business segments [1] Financial Performance - The company achieved revenue of HKD 23.246 million, representing a year-on-year increase of 90.85% [1] - The profit attributable to owners was HKD 2.916 million, a recovery from a loss of HKD 23.958 million in the same period last year [1] - Earnings per share were reported at HKD 0.048 [1] Revenue Drivers - The increase in revenue was primarily driven by growth in the beauty, computer, and mobile-related electronic products and services segments [1]

Core Viewpoint - China Wallet (00802) reported a significant increase in revenue and a turnaround in profit for the six months ending June 30, 2025, indicating strong performance in its business segments [1] Financial Performance - The company achieved revenue of HKD 23.246 million, representing a year-on-year increase of 90.85% [1] - The profit attributable to owners was HKD 2.916 million, a recovery from a loss of HKD 23.958 million in the same period last year [1] - Earnings per share stood at HKD 0.048 [1] Revenue Drivers - The increase in revenue was primarily driven by growth in the beauty, computer, and mobile-related electronic products and services sectors [1]

Group 1 - The core viewpoint is that China's consumption structure is shifting from goods to services, driven by rising household income levels, with service consumption expected to accelerate [1] - By 2024, the proportion of per capita service consumption expenditure to total per capita consumption expenditure is projected to reach 46.1%, contributing 63% to the growth of household consumption expenditure [1] - Many households are now spending more on services such as housekeeping, fitness, tourism, beauty, education, and healthcare than on goods, indicating significant growth potential in service consumption [1] Group 2 - The recently issued policies, including the "Personal Consumption Loan Interest Subsidy Policy" and the "Service Industry Operating Entity Loan Interest Subsidy Policy," aim to enhance consumption capacity and expand effective supply from both demand and supply sides [1] - The main issue in the service consumption sector is the insufficient supply of high-quality services, and the loan subsidy policies are designed to support innovation in service consumption formats, models, and scenarios [1] - The service industry is characterized by a large employment capacity, and the loan subsidy policies will reduce financing costs for service providers, boosting their confidence and stimulating development [2]

Group 1 - The opening of the Osaka Yiwu Market on June 26 marks a significant step in the global expansion of the "World Supermarket" concept [2] - The market is a collaboration between Yiwu Mall Group and Japanese partner Aokafan, focusing on local market demands and offering a diverse range of quality products [2] - The market's first day saw a high volume of local buyers, indicating strong interest and engagement from the Osaka purchasing community [2] Group 2 - The Osaka Yiwu Market is the second overseas branch of the Yiwu small commodity market, following the Dubai Yiwu China Small Commodity City, which opened in June 2022 [3] - Yiwu market is recognized as the largest small commodity distribution center globally, featuring 2.1 million products across 26 categories, significantly contributing to the development of over 20 industrial clusters in China [3] - The Yiwu Mall Group has initiated a brand overseas strategy, planning to establish 46 overseas projects in 20 countries and regions by 2024, aiming to showcase 700,000 products to international buyers [3]