Highest Performances Holdings Inc. has released its financial results for the first half of the fiscal year 2025, showcasing significant growth in net revenues and net income. The company's net revenues surged by 1911.9% to RMB715.8 million (US$98.1 million), driven primarily by the acquisition of controlling interests in AIFU. This marks a substantial increase from the RMB35.6 million reported for the same period in fiscal year 2024. The company also reported a significant turnaround in its net income, registering RMB313.2 million (US$42.9 million) for the first half of fiscal year 2025, compared to a net loss of RMB33.3 million in the corresponding period of the previous fiscal year. This improvement is partly attributed to gains from the disposal of subsidiaries, which amounted to RMB896.1 million (US$122.8 million), stemming mainly from the sale of RONS Technology and Xinbao Investment and their subsidiaries. In addition, Highest Performances Holdings Inc. recognized an income tax expense of RMB79.8 million (US$10.9 million), representing a 904.2% increase from the RMB7.9 million reported for the same period in fiscal year 2024. The company attributes its financial performance in the current period to strategic acquisitions and disposals, which have played a pivotal role in its improved financial position.