CHINA HI-TECH(SH:600730)2024-09-09 07:37Financial Performance - The company achieved a revenue of 70.72 million yuan in the first half of 2024, representing a year-on-year increase of 7.03% [2] - The net profit attributable to shareholders reached 21.77 million yuan, showing a significant year-on-year growth of 1162.97% [2] - The company aims to enhance revenue and maintain profit margins through strategies focused on "increasing revenue and ensuring profit" [1] Business Development - The company is expanding its core business while actively exploring new asset service projects, which have shown initial success [2][4] - The subsidiary, Beijing Gaoke Guorong Asset Management Co., is expected to leverage its expertise in the special asset service industry to promote market-oriented projects [2] - The company is focusing on the integration of AI technology in education, with products like "AI Exam Guide" and "AI Learning Assistant" launched in 2024 [3][6] Debt Management - As of June 30, 2024, the company's total assets amounted to 2.069 billion yuan, with total liabilities of 268 million yuan, resulting in a low debt-to-asset ratio [7] Real Estate Operations - The real estate operations generated a revenue of 24.03 million yuan in the first half of 2024, with a stable occupancy rate for properties located in Shanghai and Shenzhen [7] - The book value of the company's investment properties was reported at 775 million yuan as of June 30, 2024 [7] Future Outlook - The company expresses confidence in improving its performance in 2024, with ongoing efforts to enhance operational efficiency and explore new revenue streams [4][8] - The management is committed to maintaining a steady growth trajectory while adapting to market changes and policy shifts [4][9]