Core Viewpoint - Meitu Company (01357) opened nearly 6% higher, with an expected adjusted net profit growth of approximately 60% to 66% year-on-year for the fiscal year 2025 [1] Financial Performance - The company anticipates a significant increase in adjusted net profit attributable to equity holders of the parent company, driven by rapid revenue growth in its core imaging and design products [1] - The expected adjusted net profit growth is projected to be between 60% and 66% year-on-year [1] User Growth - The growth in revenue is primarily driven by a rapid increase in the number of global paid subscription users [1] - The growth rate of paid subscription users from international markets is outpacing that of the domestic market in mainland China [1] Market Reaction - Following the announcement, Meitu Company's stock price rose by 5.77%, reaching HKD 6.6, with a trading volume of HKD 5.2173 million [1]

来源：滚动播报 截至发稿，文远知行-W(00800.HK)涨8.42%、心动公司(02400.HK)涨7%、美图公司(01357.HK)涨 5.77%、MINIMAX-WP(00100.HK)涨4.12%。 ...

Group 1 - Tesla's future focus is on AI, autonomous driving, and robotics, with plans for a Robotaxi within five years and expansion of solar battery manufacturing in the U.S. [2] - Stellantis acknowledges a strategic miscalculation with a €22 billion write-down, adjusting its operations by exiting battery joint ventures and halting electric pickup production, expecting a net loss of €21 billion by late 2025 [2] - Bithumb, a major South Korean cryptocurrency exchange, experienced a significant error during a reward event, mistakenly distributing 620,000 bitcoins, leading to a temporary price drop of nearly 18% [3] Group 2 - Yongtai Technology announces that CATL will become a shareholder, aiming to enhance collaboration in lithium battery materials [5] - Meitu expects a 60%-66% increase in net profit by 2025, driven by AI advancements in image processing and expansion of paid services [6] - Baidu faces a lawsuit for generating false criminal information via AI, raising discussions on AI content generation liability [6] - Xiaoma Zhixing partners with Moore Threads to apply domestic AI computing power in autonomous driving, enhancing technology development capabilities [6] - Sunwoda's major shareholder signs a restructuring agreement with Anhui Guowei Group, which plans to invest nearly ¥7.2 billion, potentially enhancing resource integration [6] Group 3 - SpaceX merges with xAI to create a company valued at $1.25 trillion, leveraging SpaceX's financial stability to support AI initiatives [8] - Apple plans to launch several new products in March, including the iPhone 17e and iPad 12, with a focus on AI strategy and Siri upgrades [8] - Netflix is pursuing an $83 billion acquisition of Warner Bros. Discovery, facing antitrust scrutiny amid competitive offers from Paramount [8] - Intel and AMD inform Chinese clients about CPU supply shortages, with delivery times extending up to six months and price increases of over 10% for certain products [9] Group 4 - Samsung Electronics aims to mass-produce sixth-generation high-bandwidth memory (HBM4) by mid-February, becoming the first to do so globally [11] - Crypto.com founder purchases the domain "AI.com" for $70 million, marking a record in domain transaction prices [11] - Japan's Sojitz Corporation introduces a new fungicide with a 97% import registration in India, showcasing innovative mechanisms and broad-spectrum efficacy [11] - Fujifilm will cease sales of certain printing machines in Europe due to profitability challenges, while retaining other product lines [11] - Genesis announces a strategic shift to enhance its high-end brand attributes through a new platform and design approach [11]

美图公司（01357）发布公告，截至2025年12月31日止年度（本年度）集团的经调整归属母公司权益持 有人净利润较截至2024年12月31日止年度可能实现60%至66%的同比增长。 该盈利能力的显著提升，主要得益于集团主营业务"影像与设计产品"收入实现快速增长，而该增长主要 由全球付费订阅用户数的快速增加驱动。其中，来自国际市场的付费订阅用户增速亦高于中国内地市 场，印证了集团全球化战略的有效性。在收入增长的推动下，毛利增速超过营运开支增幅，由此产生的 经营杠杆效应使集团盈利能力的提升幅度超过毛利增长。 经调整归属母公司权益持有人净利润剔除若干非现金及非运营项目（如股权激励、集团长期投资的公允 价值变动等），因此董事会认为其更能反映集团核心经营表现。 该盈利能力的显著提升，主要得益于集团主营业务"影像与设计产品"收入实现快速增长，而该增长主要 由全球付费订阅用户数的快速增加驱动。其中，来自国际市场的付费订阅用户增速亦高于中国内地市 场，印证了集团全球化战略的有效性。在收入增长的推动下，毛利增速超过营运开支增幅，由此产生的 经营杠杆效应使集团盈利能力的提升幅度超过毛利增长。 责任编辑：卢昱君 经调整归属母公司 ...

Core Viewpoint - Meitu Company expects a significant increase in adjusted net profit attributable to equity holders for the fiscal year 2025, projecting a year-on-year growth of approximately 60% to 66% [1] Group 1: Financial Performance - The increase in profitability is primarily driven by rapid growth in revenue from the core imaging and design products, fueled by a substantial rise in global paid subscription users [1] - The growth rate of paid subscription users in international markets exceeds that of the domestic market in China [1] - The growth in revenue has led to a gross profit increase that outpaces the growth in operating expenses, resulting in an operating leverage effect that enhances profitability beyond gross profit growth [1] Group 2: Adjusted vs. IFRS Profit - According to International Financial Reporting Standards (IFRS), the company anticipates a decline of no more than 30% in net profit attributable to equity holders compared to the previous year [1] - This decline is attributed to a high base effect from a one-time net gain of approximately 640 million yuan from the sale of all cryptocurrencies in 2024 [1] - Additionally, a one-time non-cash expense of about 512 million yuan is expected in 2025 due to the issuance of convertible bonds to Alibaba, which will be recognized based on the fair value exceeding the principal amount [1][2] Group 3: Upcoming Events - Meitu Company is scheduled to release its full-year results for 2025 on March 27 [3]

Core Viewpoint - Meitu Company reported a significant increase in adjusted net profit for the fiscal year 2025, with an expected growth of approximately 60% to 66% year-on-year, driven by rapid growth in revenue from its imaging and design products, particularly from an increase in global paid subscription users [1][2]. Financial Performance - For the fiscal year 2024, Meitu's total revenue reached 3.34 billion yuan, representing a year-on-year growth of 23.9% [1][2]. - The adjusted net profit for 2024 was 586 million yuan, showing a year-on-year increase of 59.2% [1][2]. Profitability Drivers - The notable improvement in profitability is attributed to the rapid growth in revenue from the company's core imaging and design products, primarily driven by an increase in paid subscription users globally, with international market growth outpacing that of mainland China [1][2]. Future Expectations - According to International Financial Reporting Standards (IFRS), Meitu anticipates a decline of no more than 30% in net profit attributable to equity holders of the parent company for 2025 compared to the previous year, due to high base effects from a one-time net gain of approximately 640 million yuan from cryptocurrency sales in 2024 and a one-time non-cash expense of about 512 million yuan related to convertible bonds issued to Alibaba [1][2]. Clarification on Financial Metrics - Meitu emphasized that the aforementioned one-time items are non-operational and not related to the core business, suggesting that the adjusted net profit provides a clearer reflection of the company's core operational performance [1][2]. Upcoming Announcements - Meitu is scheduled to release its full-year results for 2025 on March 27 [1][2].

Core Viewpoint - Meitu Company reported a significant increase in adjusted net profit for the fiscal year 2025, driven by rapid growth in revenue from its imaging and design products, particularly from the increase in global paid subscription users [1] Financial Performance - For the fiscal year 2025, adjusted net profit attributable to equity holders of the parent company is expected to grow by approximately 60% to 66% year-on-year [1] - In 2024, Meitu's total revenue reached 3.34 billion yuan, representing a year-on-year growth of 23.9%, with adjusted net profit of 586 million yuan, up 59.2% year-on-year [1] Market Dynamics - The growth in paid subscription users is primarily driven by international markets, which are outpacing growth in the domestic Chinese market [1] One-time Events Impact - According to International Financial Reporting Standards, the net profit attributable to equity holders of the parent company is expected to decline by no more than 30% compared to the previous year due to a high base effect from a one-time net gain of approximately 640 million yuan from cryptocurrency sales in 2024 and a one-time non-cash expense of about 512 million yuan related to convertible bonds issued to Alibaba in 2025 [1] - The company emphasized that these two items are one-time, non-operational events and do not reflect the core business performance [1]

Core Viewpoint - Meitu Company (01357) expects a significant increase in adjusted net profit attributable to equity holders for the fiscal year ending December 31, 2025, projecting a year-on-year growth of 60% to 66% compared to the fiscal year ending December 31, 2024 [1] Group 1: Financial Performance - The substantial improvement in profitability is primarily driven by rapid revenue growth in the company's main business segment, "Image and Design Products," which is fueled by a significant increase in global paid subscription users [1] - The growth rate of paid subscription users in international markets has outpaced that in mainland China, validating the effectiveness of the company's globalization strategy [1] - Revenue growth has led to a gross profit increase that exceeds the growth rate of operating expenses, resulting in an operating leverage effect that enhances the company's profitability beyond gross profit growth [1] Group 2: Adjusted Profit Metrics - The adjusted net profit attributable to equity holders excludes certain non-cash and non-operating items (such as share-based compensation and fair value changes of long-term investments), allowing the board to believe it better reflects the core operational performance of the company [1]

经调整归属母公司权益持有人净利润剔除若干非现金及非运营项目(如股权激励、集团长期投资的公允 价值变动等)，因此董事会认为其更能反映集团核心经营表现。 在考虑所有非现金及非运营项目后，按国际财务报告准则，预期2025年度归属母公司权益持有人净利润 较去年同期下降不超过 30%。该下降主要由于：(i)去年同期因售出全部加密货币而获得约人民币 6.40 亿元的一笔一次性净收益，导致去年同期基数较高；及(ii)2025年度因完成向阿里巴巴集团发行可转股 债券而产生约人民币 5.12 亿元的一笔一次性、非现金开支。根据国际财务报告准则第 2 号，该项开支 按可转股债券於交割日期的公允价值超出其本金 2.5 亿美元部分予以确认。以上两项均为非运营项目， 与集团主营业务「影像与设计产品」无关。 来源：格隆汇APP 格隆汇2月8日丨美图公司(01357.HK)公布，按非国际财务报告准则，截至2025年12月31日止年度集团的 经调整归属母公司权益持有人净利润较去年同期可能实现60%至66%的同比增长。 该盈利能力的显著提升，主要得益于集团主营业务「影像与设计产品」收入实现快速增长，而该增长主 要由全球付费订阅用户数的快速增加 ...

Group 1 - The core viewpoint of the article is that Meitu Inc. announced a projected net profit growth of 60% to 66% for the fiscal year 2025 compared to the year ending December 31, 2024, based on non-International Financial Reporting Standards [1] Group 2 - The announcement was made through a notice on the Hong Kong Stock Exchange [1] - The projected growth indicates a strong financial outlook for the company in the upcoming fiscal year [1] - The growth is specifically related to the adjusted net profit attributable to equity holders of the parent company [1]