Financial Data and Key Metrics Changes - In Q2 2025, total revenue reached RMB 2,070 million, representing a year-on-year decrease [5] - Revenue from office software and services increased by 14% year-on-year to RMB 1,360 million, while online games revenue decreased by 26% year-on-year to RMB 952 million [6][13] - Gross profit decreased by 9% year-on-year to RMB 1,854 million, with a gross profit margin of 80% [14][16] - Operating profit before share-based compensation costs decreased by 48% year-on-year to RMB 454 million [15] - Profit attributable to owners of the parent was RMB 532 million, compared to RMB 393 million in the previous year [16] Business Line Data and Key Metrics Changes - Office software and services accounted for 59% of total revenue, while online games and others made up 41% [12] - The WPS AI products saw significant enhancements, with nearly 13 million monthly active AI users in the first half of the year [7] - The online games business is focusing on enriching the classic GX series and expanding into new genres, with the flagship IP, GX3 Online, maintaining a stable user base [8][9] Market Data and Key Metrics Changes - The company is actively participating in bidding for office software among government and enterprise sectors, maintaining a leading market share [8] - The international edition of WPS is being gradually improved to enhance collaboration and security capabilities [8] Company Strategy and Development Direction - The company is committed to increasing R&D investment in AI and collaboration, aiming to enhance product implementation across various office scenarios [10] - The online game business will focus on premier games and global expansion, aiming for long-term operational quality [11] Management Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the gaming industry, particularly regarding the new IP, MetroBrick, which requires time for adjustments and optimization [25][49] - For the office software segment, management expressed confidence in maintaining growth rates similar to the first half of the year, driven by AI collaboration improvements [30] Other Important Information - The company reported cash resources of RMB 25 billion as of June 30, 2025 [17] - Net cash from operating activities was RMB 665 million for 2025, down from RMB 1,374 million in 2024 [18] Q&A Session Summary Question: Performance of MetroBrick and full-year revenue guidance for the gaming sector - Management noted that initial feedback for MetroBrick was positive, but adjustments are needed based on player feedback to enhance the gaming experience [22][23] Question: Outlook for WPS office business in the second half of the year - Management expressed strong confidence in the growth of the WPS office business, expecting continued success driven by AI features [29][30] Question: Trends in active user base and ARPU for JX3 - Management indicated that while there is pressure on maintaining user levels for JX3, they remain confident in its long-term operation [33][34] Question: Differentiation of WPS AI agent from competitors - Management emphasized that their AI solutions are tailored for specific office scenarios, which sets them apart from competitors [36][39]

Financial Data and Key Metrics Changes - In the second quarter, total revenue reached RMB 2,070 million, representing a year-on-year decrease [5] - Revenue from office software and services increased by 14% year-on-year to RMB 1,360 million, while online games revenue decreased by 26% year-on-year to RMB 952 million [6][14] - Gross profit decreased by 9% year-on-year to RMB 1,854 million, with a gross profit margin of 81% [15][17] - Profit attributable to owners of the parent was RMB 532 million, compared to RMB 393 million in the previous year [17] Business Line Data and Key Metrics Changes - Office software and services accounted for 59% of total revenue, while online games accounted for 41% [12] - The WPS AI products saw significant enhancements, with monthly active AI users reaching nearly 13 million [6][7] - The online games business is focusing on enriching existing IPs and expanding into new genres, with the flagship IP GX3 Online maintaining a stable user base [8][9] Market Data and Key Metrics Changes - The company is actively expanding into international markets, with the divestment of the new WPS international edition [7] - The online game business is experiencing challenges due to a high base from the previous year, impacting revenue growth [14] Company Strategy and Development Direction - The company is committed to increasing R&D investment in AI and collaboration, aiming to enhance product offerings across various office scenarios [10] - The online game business will focus on premier games and global expansion to strengthen its IP franchise [11] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of the office software business, particularly with the integration of AI features [30][31] - The gaming industry is facing challenges, but management believes that with time and adjustments, new IPs can achieve success [28][49] Other Important Information - Research and development costs increased by 50% year-on-year, reflecting ongoing investments in AI and new game genres [15] - The company has a cash resource of RMB 25 billion as of June 30, 2025 [18] Q&A Session Summary Question: Performance of MetroBrick after its release and full-year revenue guidance for the gaming sector - Management noted that while initial feedback was positive, adjustments are being made based on player feedback to enhance the gaming experience [24][25] Question: Outlook for WPS office business in the second half of the year - Management is optimistic about maintaining growth rates similar to the first half, driven by AI enhancements [30][31] Question: Trends in active user base and ARPU for JX3 - Management acknowledged slight pressure on active users compared to last year but remains confident in long-term operations [34][35] Question: Differentiation of WPS AI agent from competitors - Management emphasized that their focus is on specific office scenarios, which sets them apart from competitors [39][40]

金山软件在港交所公告，2025年第二季度营收为人民币23.07亿元，同比下降7%，环比下降1%；母公司 拥有人应占溢利为人民币5.32亿元。 ...

Group 1 - The core viewpoint of the article is that Kingsoft Software (03888) has reported the performance of Kingsoft Office (688111.SH) for the first half of 2025, showing positive growth in both revenue and net profit [1] Group 2 - Kingsoft Office's operating revenue for the first half of 2025 is approximately 2.657 billion yuan, representing a year-on-year increase of 10.12% [1] - The net profit attributable to shareholders of the listed company is about 747 million yuan, reflecting a year-on-year growth of 3.57% [1] - The basic earnings per share stand at 1.62 yuan [1]

金山软件公告，附属公司金山办公上半年营业收入26.57亿元，同比增长10.12%；净利润7.47亿元，同 比增长3.57%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任 何責任。 Kingsoft Corporation Limited 金山軟件有限公司 （於開曼群島持續經營的有限公司） （股份代號：03888） 內幕消息： 北京金山辦公軟件股份有限公司 截至二零二五年六月三十日止六個月的 主要財務資料及指標 本公告乃由金山軟件有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規則 （「上市規則」）第13.09(2)(a)條及證券及期貨條例（香港法例第571章）第XIVA部內幕消息條 文（定義見上市規則）而作出。 2 二、主要財務指標 | | | | 本報告期 | | --- | --- | --- | --- | | | 本報告期 | | 比上年同期 | | 主要財務指標 | （1–6月） | 上年同期 | 增減（%） | | 基本每股收益（元╱股） | 1.62 | 1.56 | 3.85 | | 稀釋每股收益（元╱股） | 1.61 | 1.56 | 3.21 | | ...

雷军在8月18日的开园仪式上，对在场的嘉宾和媒体表示，武汉金山软件园的快速发展，不仅得益于当 地良好的营商环境和政策支持，更离不开每一位员工的辛勤付出和卓越贡献。他强调，小米和金山在武 汉的布局，是公司长期发展战略的重要组成部分，旨在通过集聚人才和创新资源，推动企业的持续发展 和产业升级。 据雷军介绍，未来3至5年内，金山和小米在武汉的员工数量都将有望突破万人大关。这一雄心勃勃的规 划，不仅彰显了公司对武汉市场的坚定信心，也预示着金山武汉总部将在未来发挥更加重要的角色和作 用。随着员工规模的不断扩大和研发实力的不断增强，金山武汉总部有望为公司带来更多的创新成果和 业绩增长。 在武汉金山软件园的盛大开园典礼上，小米集团创始人兼CEO、金山集团董事长雷军透露了一项重要信 息。他表示，小米与金山在武汉的员工总数已接近9500人，并预计在年底前将这一数字推升至万人规 模。这一里程碑式的增长，预示着金山武汉总部正迅速崛起，成为金山集团内部规模最大的研发中心之 一。 ...

格隆汇8月20日｜金山软件(3888.HK)二季度营收23.1亿元，同比下降7%，环比下降1%，预估24.6亿 元；第二季度净利润5.324亿元。金山软件上半年营收46.5亿元，上半年净利润8.163亿元。 ...

Core Insights - Kingsoft Software (03888.HK) reported a revenue of RMB 2,307.4 million for Q2 2025, representing a year-on-year decline of 7% and a quarter-on-quarter decline of 1% [1] - The office software and services segment generated revenue of RMB 1,355.7 million, showing a year-on-year growth of 14% and a quarter-on-quarter growth of 4% [1] - The gaming and other businesses segment reported revenue of RMB 951.8 million, reflecting a year-on-year decline of 26% and a quarter-on-quarter decline of 8% [1] Revenue Breakdown - The growth in the office software segment was driven by the performance of WPS 365 and personal WPS business, attributed to enhanced product capabilities, quality service, and deep penetration into industry and business scenarios [1] - The decline in gaming revenue was primarily due to high comparative figures from the previous year for games like "Chasing White Zone" and "Sword Network 3" [1] Cost and Profitability - R&D expenses for Q2 2025 amounted to RMB 853.8 million, an increase of 15% year-on-year and 3% quarter-on-quarter, driven by ongoing investments in AI and collaboration capabilities [1] - The operating profit before share-based compensation costs was RMB 453.7 million, down 48% year-on-year and 31% quarter-on-quarter [2] - The profit attributable to the parent company was RMB 532.4 million, compared to RMB 393.4 million in Q2 2024 and RMB 283.9 million in Q1 2025 [2]

2025年上半年研发成本为16.82亿元，较上年同期增长16%。该增长主要由于金山办公集团的员工人数 增加、新游戏品类的外包开支增加以及AI相关开支增加。 于2025年上半年，实现收益46.45亿元，同比增加0.75%;毛利37.72亿元;股东应占溢利8.16亿元，同比增 加20.41%;每股基本盈利0.6元。 2025年上半年来自办公软件及服务业务的收益为26.57亿元，较上年同期增长10%。该增长主要是由于 金山办公集团的WPS个人及WPS365业务的增长。WPS个人业务的稳健增长主要归因于增强的产品力、 更好的用户体验以及优化的商业策略。WPS365业务的强劲增长主要归因于增强的产品力，优质的服 务，以及典型解决方案在行业和业务场景的复制及推广。 金山软件(03888)发布截至2025年6月30日止三个月及六个月业绩，于2025年第二季度，实现收益23.07亿 元(人民币，下同);毛利18.54亿元;股东应占溢利5.32亿元，同比增加35.36%;每股基本盈利0.39元。 公司董事长雷军先生表示："第二季度，我们围绕既定战略稳步推进核心业务，坚定布局未来。金山办 公集团以'AI、协作、国际化'为战略重点 ...