北森控股2024/2025中期报告

Contents 2Corporate Information5Financial Highlights6Management Discussion and Analysis31Other Information59Interim Condensed Consolidated Statement of Comprehensive Loss61Interim Condensed Consolidated Statement of Financial Position63Interim Condensed Consolidated Statement of Changes in (Deficits)/Equity65Interim Condensed Consolidated Statement of Cash Flows67Notes to the Interim Financial Information101Definitions104Glossary of Technical Terms CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Wang Zhaohui(Chairman)Mr. Ji Weiguo(Chief Executive Officer)Ms. Liu Xianna(Chief Financial Officer) Independent Non-executive Directors Mr. Du KuiMr. Zhao HongqiangMr. Ge Ke AUDIT COMMITTEE Mr. Zhao Hongqiang(Chairman)Mr. Ge KeMr. Du Kui REMUNERATION COMMITTEE Mr. Ge Ke(Chairman)Mr. Ji WeiguoMr. Du Kui NOMINATION COMMITTEE Mr. Du Kui(Chairman)Mr. Wang ZhaohuiMr. Ge Ke JOINT COMPANY SECRETARIES FCG (CS, CGP)HKFCG (CS, CGP) Ms. Liu XiannaMs. Au Wai Ching FCG (CS, CGP), HKFCG (CS, CGP) AUTHORIZED REPRESENTATIVES FCG (CS, CGP)HKFCG (CS, CGP) Ms. Liu XiannaMs. Au Wai Ching FCG (CS, CGP), HKFCG (CS, CGP) CORPORATE INFORMATION REGISTERED OFFICE PO Box 309, Ugland HouseGrand Cayman KY1-1104Cayman Islands PO Box 309, Ugland HouseGrand Cayman KY1-1104Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN THE PRC 03001–03006, Level 3, Building 3No. 688 Middle Tianfu AvenueChengdu High-tech ZonePilot Free Trade Zone, Sichuan ProvincePRC 6883303001–03006 351710 Room 710, Building 1No. 35 Shangdi East RoadHaidian District, BeijingPRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 40th Floor, Dah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong 24840 PRINCIPAL SHARE REGISTRAR Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket Square, Grand Cayman KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket Square, Grand Cayman KY1-1102Cayman Islands HONG KONG BRANCH SHARE REGISTRAR Computershare Hong Kong Investor Services LimitedShops 1712–171617th Floor Hopewell Centre183 Queen’s Road EastWanchaiHong Kong 183171712–1716 CORPORATE INFORMATION HONG KONG LEGAL ADVISER Han Kun Law Offices LLPRooms 4301–10, 43/FGloucester Tower, The Landmark15 Queen’s Road CentralHong Kong 15434301-10 INDEPENDENT AUDITOR KPMGPublic Interest Entity Auditor registered in accordance with theFinancial Reporting Council Ordinance8th FloorPrince’s Building10 Chater RoadCentralHong Kong 108 COMPLIANCE ADVISOR 18127 Guotai Junan Capital Limited27/F, Low Block, Grand Millennium Plaza181 Queen’s Road CentralHong Kong PRINCIPAL BANKS Sichuan branch, Bank of China LimitedNo. 35, Middle Renmin Road (2 Duan)Qingyang DistrictChengdu, Sichuan ProvincePRC 35 18B Chaoyang branch in Beijing, Bank of China Limited Block B, Jiacheng BuildingNo. 18 Xiaguang Lane, Dongsanhuan North RoadChaoyang DistrictBeijingPRC STOCK CODE 9669 9669 COMPANY WEBSITE www.beisen.com www.beisen.com FINANCIAL HIGHLIGHTS 1.2.3. 1.We define adjusted gross profit (a non-IFRS measure) as gross profitadjusted by adding back share-based payments included in cost of revenues.2.We define adjusted net loss (a non-IFRS measure) as loss for the periodadjusted by adding back share-based payments, and fair value changes ofredeemable convertible preferred shares.3.Certain prior period numbers have been reclassified to conform with thecurrent period presentation. Certain amounts and percentage figures included in this report have beensubject to rounding adjustments, or have been rounded to one or two decimalplaces. Any discrepancies in any tables, charts or elsewhere between totals andsums of amounts listed therein are due to rounding. MANAGEMENT DISCUSSION AND ANALYSIS INDUSTRY REVIEW 2012201211.2202353.9113.8AI Since 2012, China has successively promulgated strategies for the development of thedigital economy and issued the Plan for Development of the Digital Economy duringthe “14th Five-Year” period (), promoting the robustgrowth of digital economy. The scale of the digital economy in China has expanded fromRMB11.2 trillion in 2012 to RMB53.9 trillion in 2023, an increase of 3.8 times over elevenyears. Digitalization of enterprises is increasingly permeating various aspects of enterpriseproduction and management, continuously fostering the emergence of new businessmodels. Meanwhile, advancements in technologies such as cloud computing and AI largemodel provide significant drivers for a new round of technological revolution and industrialtransformation. HCM SaaSCore HCMHCM SaaSHCM SaaS It has been an important issue in modern enterprise management to consider and evaluatethe ways to fully leverage the advantages of data-driven decision-making, achieve cross-temporal and cross-spatial collaboration through technology, and reduce costs whileincreasing efficiency. The intensifying wave of transnational expansion, the expansion ofbusiness territories and the