ZhiDeMai Technology announced its 2024 semi-annual report on the evening of August 28. The report shows that the company achieved operating revenue of 715.81 million yuan during the reporting period, a year-on-year increase of 5.69%; the net profit attributable to shareholders of listed companies was 7.6579 million yuan, and the net profit after deducting non-recurring gains and losses was 11.9834 million yuan.

In May 2024, ZhiDeMai Technology launched a comprehensive AI strategy, committed to reconstructing the company's business through AIGC research and application, and introduced the second generation of the "What's Worth Buying" product ("What's Worth Buying" GEN2). It also actively promoted the international development of the "ZhiDeMai Model." To support its long-term strategic goals, the company has continuously increased investment in AIGC, GEN2 products, and overseas business, and invested 10 million yuan to establish the "Beijing ZhiDeTongXing Public Welfare Foundation" to achieve a combination of long-term strategy and short-term revenue, as well as the unification of economic and social benefits.

What's Worth Buying

Under the impetus of AIGC technology, ZhiDeMai Technology's core product "What's Worth Buying" has developed steadily. In the first half of 2024, the GMV reached 9.181 billion yuan, with an order volume of 98.0511 million. The platform's content release volume increased by 21.89% year-on-year, and user-generated content (UGC) accounted for 54.77% of the total. The number of registered users and mobile app activations increased by 7.02% and 11.56% respectively.

The "What's Worth Buying" GEN2 version is currently in the internal testing phase, which will collect, analyze, refine, and recommend online consumer content based on users' personalized interests using AI technology to enhance user experience. AI technology has been deeply applied in product development, with AIGC content release volume increasing by 46.03% year-on-year and the proportion rising to 39.61%. In addition, the platform has launched the AI Agent shopping assistant "XiaoZhi" and the "ZDM-Copilot auxiliary creation tool."

ZhiDeMai Technology's comprehensive AI strategy plan shows that the company will fully AI-enable its business to improve operational efficiency and quality. R&D expenses increased by 18.21% year-on-year in the first half of 2024. The company has partnered with several major model enterprises to co-build an AI ecosystem, enhancing platform influence and traffic growth.