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Lingyi iTech reports strong H1 2025 results, boosts shareholder returns

August 29, 2025 at 01:18 PM UTCBy FilingReader AI

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

Supplementary Source Documents

2025 semi-annual financial reportAugust 29, 2025 at 08:00 AM UTC
semi-annual financial statementsAugust 29, 2025 at 08:00 AM UTC
Announcement regarding the 2025 interim profit distribution planAugust 29, 2025 at 08:00 AM UTC
Cathay Haitong verification opinion regarding the company's adjustment of the 2025 annual ordinary related party transaction estimated amountAugust 29, 2025 at 08:00 AM UTC
Summary table of semi-annual non-operating fund appropriation and other related party fund transactionsAugust 29, 2025 at 08:00 AM UTC
Explanatory statement from the board audit committee regarding the reasonableness of asset impairment provisions for the 2025 half-year periodAugust 29, 2025 at 08:00 AM UTC
2025 semi-annual report summaryAugust 29, 2025 at 08:00 AM UTC
Announcement on the provision for asset impairment in the first half of 2025August 29, 2025 at 08:00 AM UTC
Special report on the deposit and use of raised funds for the first half of 2025August 29, 2025 at 08:00 AM UTC
Announcement regarding the adjustment of the estimated amount of routine related-party transactions for the year 2025August 29, 2025 at 08:00 AM UTC
Announcement regarding the convening of the 2025 half-year online performance briefingAugust 29, 2025 at 08:00 AM UTC
Announcement of board of directors' resolution on the semi-annual reportAugust 29, 2025 at 08:00 AM UTC
Notice regarding the convening of the third extraordinary general meeting of shareholders in 2025August 29, 2025 at 08:00 AM UTC
Resolution of the second special meeting of independent directors of the sixth board of directors in 2025August 29, 2025 at 08:00 AM UTC

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