Recently, Tapai Group issued a notice disclosing its acceptance of a survey by investors such as Shanghai Pudong Development Bank Co., Ltd. on August 7, 2025. Lai Hongfei and Song Wenhua, directors of the company, participated in the reception and answered the questions raised by investors in detail. The survey focused on the company's business situation, future development plans and industry trends in the first half of 2025, fully demonstrating the company's operating results and coping strategies in a complex market environment.
Q: According to the Semi-annual Report 2025 disclosed by the company, the company's administrative expenses dropped sharply in the first half of the year. What are the main reasons?
Answer: In the first half of the year, the administrative expenses decreased significantly by 17.63%, mainly due to the year-on-year decrease in labor costs, mainly due to the relatively large amount of dismissal benefits arising from the closure of inefficient enterprises and other optimized personnel in the same period last year, which decreased by about 35 million yuan this year.