截至2025年6月30日止六個月之 中期業績公告 董事會欣然公佈本集團截至2025年6月30日止六個月的未經審計綜合業績。該等 中期業績乃根據國際會計準則第34號「中期財務報告」編製，且已由核數師及審計 委員會審閱。 主要摘要 財務概要 | | 截至6月30日止六個月 | | | | | | --- | --- | --- | --- | --- | --- | | | 2025年 2024年 | | | | | | | | 佔總收入 | | 佔總收入 | | | | 金額 | 百分比 | 金額 | 百分比 | 同比變動 | | | （未經審計） | | | | | | | （人民幣千元，除非為百分比） | | | | | | 收入 | 2,358,198 | 100.0 | 1,739,717 | 100.0 | 35.6% | | 毛利 | 907,800 | 38.5 | 766,760 | 44.1 | 18.4% | | 期間虧損 | (1,489,270) | (63.2) | (2,477,212) | (142.4) | -39.9% | | EBITDA | (847,692) | (35. ...

Core Insights - The company reported a revenue of approximately 2.358 billion yuan for the first half of 2025, representing a year-on-year growth of 35.6% [2] - The revenue from generative AI has seen a significant increase of 73% for the third consecutive year [2] - The adjusted net loss has substantially narrowed both year-on-year and quarter-on-quarter [2] - As of the end of June 2025, the company's total cash reserves reached 13.2 billion yuan [2] Revenue Breakdown - The visual AI segment has restarted its growth trajectory, achieving improvements in both profit margins and cash flow through a high-quality customer strategy and leading market share [2] - The visual AI division serves over 660 domestic and international clients, with a repurchase rate of 57% [2] - There has been a significant year-on-year increase in overseas business opportunities and new orders in the first half of the year [2]

Core Insights - The company reported a revenue of approximately 2.358 billion yuan for the first half of 2025, representing a year-on-year growth of 35.6% [1] - The revenue from generative AI has seen a significant increase for the third consecutive year, with a growth rate of 73% [1] - The adjusted net loss has substantially narrowed both year-on-year and quarter-on-quarter [1] - As of the end of June 2025, the company's total cash reserves reached 13.2 billion yuan [1] Revenue Breakdown - The visual AI segment has resumed its growth trajectory, leveraging a high-quality customer strategy and leading market share to improve both profit margins and cash flow [1] - The visual AI division serves over 660 domestic and international clients, with a repurchase rate of 57% [1] - There has been a significant year-on-year increase in overseas business opportunities and new orders in the first half of 2025 [1]

8月28日，商汤集团股份有限公司（简称"商汤集团"）发布截至2025年6月30日止六个月的中期业绩公 告。 2025年上半年，商汤集团总收入同比增长36%，达人民币24亿元，业绩超出市场预期；其中，生成式AI 收入连续第三年高速增长，增幅达73%；经调整亏损净额同比和环比均大幅收窄至11.6亿元，同比下降 50%；贸易应收回款额32亿元，以96%大幅提升，达历史新高。截至2025年上半年，集团的总现金储备 达132亿元。 商汤科技董事长兼首席执行官徐立表示："在国务院发布《关于深入实施"人工智能+"行动的意见》重要 举措的背景下，商汤紧抓落地机遇，深耕行业领域，以生成式AI与视觉AI为双引擎，使商汤在继续保 持视觉AI龙头地位基础上，抓住生成式AI 所带来的历史性窗口，为员工、客户和股东持续创造价值。" 2025年上半年，商汤持续深化"1+X"战略并取得实质性进展。「1+X」以生成式AI与视觉AI作为「1」 的核心业务，亦是双引擎，而「X」代表的X创新业务板块以孵化创新生态为核心战略，聚焦智能驾 驶、智慧医疗、家用机器人、智慧零售等四个赛道。 期内，生成式AI占商汤收入进一步提升至77%，大模型应用围绕"生产 ...

商汤科技董事长兼首席执行官徐立表示，在国务院发布《关于深入实施"人工智能+"行动的意见》重要 举措的背景下，商汤紧抓落地机遇，深耕行业领域，以生成式AI与视觉AI为双引擎，使商汤在继续保 持视觉AI龙头地位基础上，抓住生成式AI 所带来的历史性窗口，为员工、客户和股东持续创造价值。 校对 卢茜 新京报贝壳财经讯（记者罗亦丹）8月28日，商汤发布2025年上半年中期业绩。报告期内，商汤总收入 同比增长36%，达人民币24亿元；其中，生成式AI收入连续第三年高速增长，增幅达73%；经调整亏损 净额同比和环比均大幅收窄，同比下降50%；贸易应收回款额32亿元，以96%大幅提升，达历史新高。 截至2025年上半年，集团的总现金储备达132亿元。 ...

Performance Summary - SF Holding reported a revenue of 146.858 billion yuan, a year-on-year increase of 9.26%, and a net profit of 5.738 billion yuan, up 19.37% year-on-year [2] - Shanghai Pharmaceuticals achieved a revenue of 141.593 billion yuan, a growth of 1.56%, with a net profit of 4.459 billion yuan, increasing by 51.56% [2] - New China Life Insurance's revenue reached 69.429 billion yuan, a 25.5% increase, and a net profit of 14.799 billion yuan, up 33.5% [2] - Huadian International Power's revenue was 59.953 billion yuan, down 8.98%, while net profit increased by 13.15% to 3.904 billion yuan [2] - China Pacific Insurance reported a revenue of 55.964 billion yuan, a slight increase of 0.2%, and a net profit of 6.764 billion yuan, up 12.2% [2] - CITIC Securities had a revenue of 46.552 billion yuan, a 16.28% increase, and a net profit of 13.719 billion yuan, up 29.79% [2] - Beijing Enterprises Holdings reported a revenue of 44.529 billion yuan, a 5.2% increase, and a net profit of 3.404 billion yuan, up 8.1% [2] - Li Auto's vehicle sales revenue for Q2 2025 was 28.9 billion yuan, down 4.7%, with a net profit of 1.093 billion yuan, a decrease of 0.9% [2] - Huishang Bank reported a revenue of 21.157 billion yuan, a 2.25% increase, and a net profit of 9.109 billion yuan, up 5.55% [2] - SMIC achieved a revenue of 4.456 billion USD, a 22% increase, with a net profit of 320 million USD, up 35.6% [2] - China Galaxy Securities reported a total revenue of 18.798 billion yuan, an 18.92% increase, and a net profit of 6.488 billion yuan, up 47.86% [2] - Zhongjun Group Holdings had a revenue of 18.521 billion yuan, down 25.4%, with a net loss of 3.48 billion yuan, a narrowing of 5.5% [2] - BeiGene reported a revenue of 2.433 billion USD, a 44.7% increase, and a net profit of 95.59 million USD, turning from a loss of 372 million USD [2] - SF Express City reported a revenue of 10.236 billion yuan, up 48.8%, and a net profit of 137 million yuan, up 120.4% [2] - China Shipbuilding Defense reported a revenue of 10.173 billion yuan, a 16.54% increase, and a net profit of 526 million yuan, up 258.46% [2] - Qingdao Port reported a revenue of 9.434 billion yuan, a 4.04% increase, and a net profit of 2.842 billion yuan, up 7.58% [2] - Shanghai Industrial Holdings reported a revenue of 9.476 billion yuan, down 8.6%, and a net profit of 1.042 billion yuan, down 13.2% [2] - Everbright Securities reported a revenue of 7.481 billion yuan, a 17.7% increase, and a net profit of 1.683 billion yuan, up 21% [2] - Baozun reported a revenue of 4.617 billion yuan, a 5.63% increase, with a net loss of 97.04 million yuan, narrowing [2] - Sichuan Chengyu Expressway reported a revenue of 4.08 billion yuan, down 23.3%, and a net profit of 838 million yuan, up 20.1% [2] - Baideli Holdings reported a revenue of approximately 3.813 billion yuan, down 10.9%, and a net profit of 7.1 million yuan, down 79.1% [2] - Tigermed reported a revenue of 3.25 billion yuan, down 3.21%, and a net profit of 383 million yuan, down 22.22% [2] - Zhengli New Energy reported a revenue of 3.172 billion yuan, a 71.9% increase, and a net profit of 220 million yuan, turning from a loss of 130 million yuan [2] - Sensong International reported a revenue of 2.687 billion yuan, down 22.7%, and a net profit of 338 million yuan, down 10.15% [2] - Dasheng Holdings reported a revenue of approximately 2.593 billion yuan, a 27% increase, and a net profit of 65.924 million yuan, up 504.4% [2] - SenseTime reported a revenue of 2.358 billion yuan, a 35.6% increase, with a gross profit of 908 million yuan, up 18.4%, and an adjusted net loss of 1.162 billion yuan, narrowing by 50% [2] - Ruian Real Estate reported a revenue of 2.074 billion yuan, flat year-on-year, with a net profit of 51 million yuan, down 29.2% [2] - Shangri-La Asia reported a revenue of 1.056 billion USD, a 0.7% increase, and a net profit of 57.9 million USD, down 38.7% [2] - Quanfeng Holdings reported a revenue of 912 million USD, an 11.9% increase, and a net profit of 95.217 million USD, up 54.8% [2] - COSCO Shipping Ports reported a revenue of 806 million USD, a 13.6% increase, and a net profit of approximately 182 million USD, up 30.6% [2] - Tianjin Development reported a revenue of 1.719 billion yuan, down 5.59%, and a net profit of 344 million yuan, up 19.57% [2] Company News - Sillodic Pharmaceuticals successfully administered the new radiolabeled drug 3D1015 to patients with PSMA-positive metastatic castration-resistant prostate cancer, demonstrating safety and preliminary efficacy [2] - Shoucheng Holdings signed a strategic cooperation framework agreement with Alter and Alrite to jointly promote breakthroughs in robotics technology, scene implementation, and industrial chain collaboration [2]

Core Insights - SenseTime Group Limited reported a total revenue of 2.358 billion yuan for the first half of 2025, representing a year-on-year growth of 35.6% [1] - The revenue from generative AI has seen a significant increase for the third consecutive year, with a growth rate of 72.7% [1] - The adjusted net loss has substantially narrowed both year-on-year and quarter-on-quarter [1] Financial Performance - As of June 30, 2025, the company had cash and cash equivalents amounting to 11.168 billion yuan [1] - Generative AI now accounts for 77% of SenseTime's total revenue, indicating a strong focus on this segment [1] - Visual AI has resumed its growth trajectory, contributing to improved profit margins and cash flow through high-quality customer strategies and leading market share [1] Strategic Developments - SenseTime is deepening its "1+X" strategy, achieving substantial progress by leveraging generative AI and visual AI as dual engines for business momentum and structural optimization [1] - The company has initiated a secondary joint entrepreneurship around its "1" and "X" strategy, establishing a specialized and diversified leadership structure [1] - An independent co-creation team has been set up for innovative business initiatives, enhancing the operational vitality and market appeal of "X innovative business" [1]

商汤在港交所公告，2025年上半年收入23.58亿元，同比增长35.6%；经调整亏损净额收窄至11.62亿 元，同比下降50.0%。 ...

Core Insights - SenseTime Group reported a significant revenue increase of 36% year-on-year, reaching RMB 2.4 billion for the first half of 2025, exceeding market expectations [1] - The revenue from generative AI grew by 73%, marking its third consecutive year of rapid growth, and now accounts for 77% of the company's total revenue [1] - Adjusted net loss narrowed significantly, decreasing by 50% year-on-year, indicating improved financial health [1] Financial Performance - Total revenue for the first half of 2025 was RMB 2.4 billion, a 36% increase compared to the previous year [1] - Adjusted net loss was substantially reduced, with a year-on-year decline of 50% [1] - Trade receivables reached a historical high of RMB 3.2 billion, reflecting a 96% increase [1] - Total cash reserves stood at RMB 13.2 billion as of June 30, 2025 [1] Business Segments - Generative AI revenue has seen a significant increase, contributing to 77% of total revenue, with applications in productivity and interactive tools [1] - The "RoboRaccoon" product line has surpassed 3 million users, offering versions for finance, education, and government [1] - The interactive tool "RoboRaccoon V6.5" achieved a 510% increase in multi-modal real-time interaction duration [1] - The visual AI segment has resumed growth, serving over 660 clients domestically and internationally, with a 57% repurchase rate [1] Strategic Direction - The CEO emphasized the importance of leveraging generative AI and visual AI as dual engines for growth, aiming to maintain leadership in visual AI while capitalizing on the opportunities presented by generative AI [2]

Core Insights - The company reported a 35.6% year-on-year revenue growth in the first half of 2025, reaching RMB 2.358 billion [1] - Revenue from generative AI reached RMB 1.816 billion, marking a 72.7% increase and accounting for 77.0% of total revenue [1] - Revenue from the visual AI segment declined by 14.8% to RMB 436 million [1] - The company's gross profit was RMB 908 million, with a gross margin of 38.5% [1] - Adjusted net loss narrowed to RMB 1.162 billion, a 50.0% decrease year-on-year [1] - As of June 30, 2025, the company had cash reserves of RMB 13.158 billion [1]