Revenue generated during the first half of 2020 amounted to RMB11.2 billion, and profit for the period totaled RMB696.6 million. As at 30 June 2020, the Group maintained a healthy financial position with total assets and net assets amounting to RMB20.9 billion and RMB10.0 billion, respectively.
CIMC-SHAC arranged all staff to celebrate the anniversary of its inception through “Online Racing Games + Offline Public Welfare” activities while upholding the principle of simplicity.
In 2019, the Group seized development opportunities arising from the transformation and upgrade of the industry and delivered overall stable results. Revenue amounted to RMB23.22 billion. In 2019, net profit surged 7.7% year-on-year to RMB1.33 billion and profit attributable to owners of the Company climbed 5.9% to RMB1.21 billion.
On February 10, 2020, the first day of the official resumption at the Headquarter, it recommence the operations through telecommuting, which has not only improved the employees’ work efficiency, but has also effectively reduced the risks relating to the epidemic spread.