Huitongda Network Co. Ltd. reported its results for the six months ended June 30, 2025. The company posted revenue of RMB24.34 billion, a decline of 25.9% from RMB32.86 billion in the same period in 2024. The gross profit margin increased to 4.6% from 3.5% a year earlier, with gross profit at RMB1.13 billion, down 1.1% year-on-year. Profit from operations was RMB356 million, up 15.9% compared to the first half of 2024. Profit attributable to equity shareholders totaled RMB139 million, an increase of 10.8% year-on-year. Net cash generated from operating activities rose 65.7% compared to the previous year. By segment, direct sales of consumer electronics fell to RMB14.63 billion from RMB19.53 billion in the prior-year period. Household appliances direct sales were RMB4.32 billion, broadly unchanged from RMB4.31 billion a year earlier. Sales of agricultural means of production decreased to RMB2.88 billion from RMB4.14 billion, and vehicles and auto parts sales dropped to RMB1.09 billion from RMB2.89 billion. Sales of homebuilding and renovation materials were RMB764.84 million, down from RMB992.09 million. The company highlighted an increase in gross profit margin, net profit margin, and net profit margin attributable to equity shareholders, with all three reaching their highest historical levels. Huitongda also reported initial results from AI-related revenue streams and noted that it is shifting its focus from scale expansion to prioritizing quality of development and profitability improvement.