/ Aswen News/Guangzhou, August 31, 2022 -- Tianxixiu released its 2022 first-half results report on August 25, revealing that the company recorded an operating revenue of 2.088 billion yuan and realized a net profit of 169 million yuan attributable to shareholders of the listed company.
According to the financial statement, in the face of the "uncertainty" of the external environment in the first half of the year, the main business of Tianxixiu adjusted its service strategy in time, and strengthened the in-depth cooperation with customers in the Internet service, culture and entertainment industries, so that the main business revenue only decreased slightly compared with the same period last year.
During the reporting period, the company continued to invest in its innovative business, which has reflected revenue growth. According to the financial report, the company's revenue from innovation business in the first half of the year reached 126 million yuan, up 36.1% year on year, and its research and development expenses reached 92.38 million yuan, up 12.72% year on year.
For the coordinated development of main business and innovation business, Li Meng said, "With the iterative upgrade of WEIQ-SaaS and the wide application of heatwave data, the company's innovation achievements in the field of big data marketing are more in line with customer needs; At the same time, Rainbow Universe and Number One Collection have accelerated their development and gained recognition from more partners. The company's blockchain technology has been successfully applied to the hardware field, creating innovative products such as HASHII encrypted digital printmaking. Web3.0 related businesses are becoming a solid foundation for the company to enter the new generation of the Internet. From the Web2.0 era to the ongoing Web3.0 era, the company has fully explored the characteristics of Redskin connecting all businesses, contributing to a better combination of the real economy and the new economy of Redskin. Based on this advantage, it has promoted the digital transformation of the real business, and also made the growth path of the company broader and clearer."
For the development of the company in the second half of the year, Li Meng said that in the face of uncertainties and possible challenges in the future, on the basis of ensuring the stability of the main business, Tianxixiu will continue to explore innovative businesses, pay more attention to the company's cash flow reserve and use efficiency, and pay more attention to the stability and improvement of profits. So that the company has enough ability and core technology to meet the arrival of Web3.0 development.
