转自：北京日报客户端 "这些数据真的与市民热线实时同步？"10月的一个傍晚，曼努埃尔站在教室的屏幕前，难以置信地问。 两天前，这位来自巴西教育部的年轻官员参访了北京12345市民热线服务中心，数百名话务员此起彼伏 接听热线的场景仍历历在目。热线汇集百姓急难愁盼诉求，成为各级政府工作的指挥棒。此刻，诉求数 量、接办单位、办结时长、评价反馈等数据，正同步显示在位于北京市委党校的习近平新时代中国特色 社会主义思想京华实践主题教室大屏上。 曼努埃尔没想到，政府的"民情指标"成了他在中国上课的"教材"。 这是位于 北京市委党校内的习近平新时代中国特色社会主义思想京华实践主题教室。（北京市委党校供图） 北京人气最旺的教室 2025年10月12日，8名巴西公职人员走进中国首都这所拥有75年历史的领导干部培训学校。在这场以"城 市治理与数字化转型"为主题的培训项目中，主题教室首次迎来外国学员。 巴西交流 团在习近平新时代中国特色社会主义思想京华实践主题教室上课（10月17日摄）。新华社记者 陈钟昊 摄 这或许是北京时下人气最旺的一间教室。预约网站上，未来一周的授课场次均被约满，既有中央和北京 市属单位集体参训，也有外省市单位 ...

Core Viewpoint - Longxin Zhongke (688047) reported a mixed financial performance for the first half of 2025, with revenue growth but increased net losses, indicating challenges in profitability and cash flow management [1][3]. Financial Performance - Total revenue for the first half of 2025 reached 244 million yuan, a year-on-year increase of 10.9% compared to 220 million yuan in 2024 [1]. - The net profit attributable to shareholders was -294 million yuan, a decline of 23.66% from -238 million yuan in the previous year [1]. - In Q2 2025, total revenue was 119 million yuan, up 19.05% year-on-year, while the net profit attributable to shareholders was -143 million yuan, an increase of 12.33% compared to the same quarter last year [1]. - The gross margin improved to 42.44%, a significant increase of 43.04% year-on-year, while the net margin was -120.93%, a decrease of 11.51% [1]. - The company’s accounts receivable accounted for 99.32% of total revenue, indicating a high level of receivables relative to sales [1]. Cost and Efficiency Metrics - Total expenses (selling, administrative, and financial) amounted to 99.5 million yuan, representing 40.86% of revenue, a decrease of 4.19% year-on-year [1]. - The company reported a significant drop in operating cash flow per share to -0.81 yuan, down 81.7% from -0.44 yuan [1]. - The net asset value per share decreased by 19.93% to 6.62 yuan, while earnings per share fell by 25.42% to -0.74 yuan [1]. Investment and Market Position - Longxin Zhongke has a median Return on Invested Capital (ROIC) of 4.98% since its listing, with the worst year being 2024 at -19.07%, indicating weak investment returns [3]. - The company has faced challenges with cash flow, as indicated by a three-year average of operating cash flow to current liabilities at -296.79% [3]. - The company aims to establish an independent information technology system and ecosystem, focusing on self-developed IP and avoiding reliance on foreign technologies [5]. Fund Holdings - The largest fund holding Longxin Zhongke shares is Changsheng Innovation Driven Mixed A, which has increased its holdings to 835,700 shares [4]. - Other funds, including Changsheng High-end Equipment Mixed A and Changsheng Advantage Enterprise Selected Mixed A, have also increased their positions in the company [4].