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Public company info - Doumob , 01917.HK

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Doumob, 01917.HK - Company Profile
Chairman Yang Bin
Share Issued (share) 2,300,000,000
Par Currency Hong Kong Dollar
Par Value 0.001
Industry Advertising
Corporate Profile Business Summary: The group are provision of online advertising services and online sales services. Performance for the year: For the year ended 31 December 2019, total revenue was approximately RMB189.5 million, representing an decrease of approximately 46.3% as compared with 2018. The Group’s gross profit was RMB52.3 million for 2019, representing a yearon-year decrease of approximately 37.4%. The Group’s gross profit margin was 27.6% for 2019, as compared with 23.7% for 2018. Business Review: 2019 is a year with historical and commemorative significance for Doumob Technology. This year, the Group have successfully been listed on the Main Board of HKEX; this year, the Group launched interactive video cloud platform products compatible with 5G technology; this year, the Group also experienced the operating environment with a decline in market growth and increasingly keen competition. I am pleased to present the Group’s 2019 Annual Report for the year ended 31 December 2019 to the Group’s Shareholders. Doumob Technology is a programmatic mobile advertising technology company. Adhering to the value of “Focusing on customers, essence, system and long term”, the Group provide advertisers with targeted advertising services and offer media publishers efficient monetization services via mobile advertising technology. The Group fully satisfy customers’ needs for value and create synergies. 2019 is the year of new product iteration for Doumob Technology. The Group released interactive H5 video products in June and launched the Short Video Cloud Platform Empowerment Plan (短視頻雲平台賦能計劃) in August, while facilitating the exploration of innovative communication methods such as the form of interactive short dramas with the integration of high-quality stories and interactive video technology in the same period. Prospects: In 2020, the coronavirus disease, COVID-19 hits the world, which is expected to pose greater pressure on the market. However, the Group always believe that what the Group explore and insist on is an “empowering” business model with the characteristics of both social and economic values. The Group will continue to spare no efforts in the development of interactive H5 video products. On the premise that the Group strive for the long-term interests of all Shareholders, the Group stick to the Group’s main businesses while developing innovative businesses and constantly push the boundaries. Challenges always coexist with opportunities. The field of interactive video advertising that the Group are about to enter is a more promising and potential market, which will lay a solid foundation for the Company’s long-term healthy development and enhance the Group’s competitive position in future.

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