Lingyi iTech reports strong H1 2025 results, boosts shareholder returns
Lingyi iTech (Guangdong) Company's semi-annual report for H1 2025 revealed operating revenue of 23,625,285,379.19 yuan, a 23.35% increase year-on-year. Net profit attributable to shareholders rose by 35.94% to 929,860,823.22 yuan. The board approved a cash dividend of 0.2 yuan per 10 shares, totaling 139,411,450.00 yuan, based on a total share capital of 6,970,572,500.00 shares as of August 28, 2025.
The company also announced the approval of adjustments to its 2025 routine related-party transactions, increasing the total estimated value by 285 million yuan to 630 million yuan. This includes an increase of 280 million yuan for procurement of goods and services and 5 million yuan for sales of goods. Additionally, the board approved an asset impairment provision of 312.5757 million yuan for H1 2025, leading to a reduction in net profit attributable to shareholders of 273.8192 million yuan.
The semi-annual performance will be discussed at an online briefing on September 5, 2025. The company also announced an extraordinary general meeting on September 16, 2025, to vote on resolutions, including the 2025 semi-annual profit distribution and employee stock ownership plans.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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