steamgamescrypto| Huitongda Network (9878.HK) was included in the MSCI Global Small Cap Index for the first time

2024-05-16

early morning of May 15steamgamescrypto, Mingsheng Index Company announced the results of the semi-annual review of all MSCI indices, and Huitongda Network, a leading industrial Internet company in the industry (9878steamgamescrypto.HK) was included in the MSCI Global Small Cap Index for the first time, and the relevant adjustment will officially take effect after hours on May 31, 2024.

MSCI is the world's leading provider of investment decision support tools and services. As the benchmark index most used by investment managers around the world, MSCI index adjustment has always attracted much attention from the market. Its adjustment basis is mainly objective quantitative indicators, strictly ensuring market value size and liquidity standards to ensure the investability and replicability of the target company. For this reason, the MSCI China Index is recognized as an important indicator for global professional investors to invest in the Chinese market and optimize their investment portfolios.

In recent years, Huitongda Network has successfully built an industrial service platform that integrates online and offline by deeply cultivating the retail industry that sinks the market, empowering it to serve township mom-and-pop stores under its excellent digital technology and supply chain capabilities.

In 2023, Huitongda Network's supply chain will cover multiple industry sectors such as consumer electronics, agricultural production materials, household appliances, transportation, beverages and beverages, and daily necessities, and has successfully achieved in-depth cooperation with Apple, Midea, Gree, BYD, Wuliangye and other industry leading brands.

steamgamescrypto| Huitongda Network (9878.HK) was included in the MSCI Global Small Cap Index for the first time

Judging from the company's latest financial report data, in 2023, Huitongda Network achieved revenue of 824steamgamescrypto.30 million yuan, a steady increase year-on-yearsteamgamescrypto; Net profit attributable to the parent company reached 448 million yuan, a year-on-year increase of 42%. At the same time, the company's business network has also expanded rapidly. As of the end of 2023, the company's total number of member stores exceeded 230,000, and the number of SaaS+ subscribers was 132,000, a year-on-year increase of 15.6%, of which 48,000 paid users, a year-on-year increase of 61.4%.