Core Viewpoint - The report highlights the financial performance of Beijing LongRuan Technology Co., Ltd. for the first half of 2025, indicating significant declines in revenue and profit due to market conditions and increased competition in the coal mining industry [1][4]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 85.98 million yuan, a decrease of 38.75% compared to 140.37 million yuan in the same period last year [4]. - Total profit for the period was about 4.42 million yuan, down 88.53% from 38.58 million yuan year-on-year [4]. - The net profit attributable to shareholders was approximately 4.82 million yuan, reflecting an 86.43% decline from 35.52 million yuan in the previous year [4]. - The basic earnings per share decreased to 0.07 yuan, down 85.71% from 0.49 yuan in the same period last year [4]. - The net cash flow from operating activities improved significantly, increasing by 145.62% to approximately 9.04 million yuan [4]. Industry Overview - The company operates in the software and information technology services sector, focusing on industrial applications for coal and non-coal mining safety and intelligent mining solutions [6][7]. - The coal industry is a key downstream sector for industrial software applications, with increasing emphasis on intelligent mining to enhance safety and efficiency [7]. - The Chinese software and information technology services industry is experiencing rapid growth, driven by advancements in cloud computing, big data, and artificial intelligence [6]. - The government has been actively promoting the intelligent transformation of coal mines through various policies and funding initiatives, aiming to improve safety and operational efficiency [7][9]. Strategic Initiatives - The company is leveraging its proprietary LongRuan GIS platform to provide comprehensive digital solutions for mining safety and management [6]. - There is a strong focus on integrating new technologies such as IoT, cloud computing, and AI to enhance mining operations and safety management [6][7]. - The coal mining sector is undergoing a transformation towards automation and intelligent systems, supported by national policies aimed at reducing labor and improving safety standards [9][10].

Core Viewpoint - The company has proposed a profit distribution plan for 2024, which includes a cash dividend of 1.36 yuan per 10 shares, amounting to a total of approximately 9.91 million yuan, representing 30.01% of the net profit attributable to shareholders for the year [1][2]. Company Overview - The company specializes in developing industrial software and intelligent solutions based on its proprietary LongRuan GIS platform, integrating technologies such as cloud computing, big data, artificial intelligence, and digital twins [3][4]. - The main business areas include smart mining, safety monitoring, smart parks, and "zero-carbon" airports, providing comprehensive digital solutions tailored to the needs of various sectors [3][4]. Main Products - LongRuan GIS platform: A fully autonomous GIS product that supports various applications, including desktop, web, and mobile, with capabilities for spatial data management and analysis [3][4]. - LongRuan 4D-GIS platform: A four-dimensional management platform that integrates real-time data for dynamic modeling and high-precision digital twin mining applications [5][6]. - LongRuan mobile GIS platform: A mobile-native GIS product that facilitates data sharing and application in mining safety management [7]. Intelligent Mining Solutions - The company offers a series of intelligent mining software and solutions, including: - Transparent geological assurance systems that utilize advanced technologies for high-precision geological detection and data integration [8]. - Intelligent control platforms that provide dynamic processing and visualization of geological measurement data [9][10]. - Disaster prevention systems that monitor various hazards in real-time and provide predictive analytics [12]. Industrial Internet of Things Applications - The company has developed a comprehensive automation system that integrates various subsystems for efficient data management and operational control across mining processes [29]. - The intelligent mobile management platform app supports real-time monitoring and decision-making for mining safety and operations [21]. AI and Data Analytics - The AI video intelligent analysis system utilizes deep learning for real-time monitoring and hazard detection in mining operations [30]. - The company has implemented a data middle platform that addresses data management challenges and enhances the efficiency of data utilization across mining operations [20]. Training and Education - The company has established virtual simulation laboratories for training personnel in mining operations, enhancing their skills through immersive experiences [44][46]. - A comprehensive training and examination system is in place to ensure continuous education and skill development for mining employees [48].