昆仑万维科技股份有限公司 2025 年半年度报告全文 昆仑万维科技股份有限公司 2025 年半年度报告 2025 年 8 月 1 昆仑万维科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 公司负责人方汉、主管会计工作负责人张为及会计机构负责人(会计主管 人员)张为声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 AGI 与 AIGC 持续投入导致亏损的风险：AGI 与 AIGC 相关技术及应用的研 发、部署和维护需要巨大的资金投入。如果相关投入未能如期产生回报，可 能导致公司面临亏损风险。同时，AGI 与 AIGC 技术正在高速迭代进步，产业 发展仍处于早期阶段，不确定性较高。若公司技术进展不及预期，可能会面 临无法实现预期收益的风险。人工智能作为全球产业热点，商业价值显著， 行业竞争进一步加剧。若竞争对手在 AGI 和 AIGC 领域取得更大突破，公司可 能失去市场份额并导致收入减少，进而面 ...

昆仑万维公告，2025年上半年营业收入37.33亿元，同比增长49.23%。归属于上市公司股东的净利 润-8.56亿元，同比下降119.86%。基本每股收益-0.69元／股，同比下降115.63%。 ...

昆仑万维科技股份有限公司信息披露制度 第一章 总则 第一条 昆仑万维科技股份有限公司（以下简称"公司"）本着对全体股东 公开、公平、公正的原则，为保护公司股东、债权人及其利益相关人的利益，将 所有对公司股票及其衍生品种交易价格可能产生较大影响的信息及时、准确、真 实、完整公布于众并防止重要信息在公告前泄密，根据《中华人民共和国公司法》 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司信息披露管 理办法》（以下简称"《管理办法》"）、《深圳证券交易所创业板股票上市规则》 （以下简称"《上市规则》"）、《深圳证券交易所上市公司自律监管指引第 5 号——信息披露事务管理》等有关法律、法规、规范性文件及《昆仑万维科技股 份有限公司章程》的有关规定，制定本制度。 对公司股票价格可能产生重大影响的行为或事件的信息管理、披露、保密， 适用本制度。 第二章 信息披露的基本原则 第二条 信息披露的原则 （一）及时披露所有对公司股票价格可能产生重大影响的信息； （二）确保信息披露的内容真实、准确、完整、及时，没有虚假、严重误导 性陈述或重大遗漏； （三）确保信息披露的公正性，保证所有股东有平等的机会获得信息，不得 ...

昆仑万维科技股份有限公司 信息披露暂缓与豁免事务管理制度 第一章 总则 第一条 为规范昆仑万维科技股份有限公司（以下简称"公司"）的信息披露 暂缓与豁免行为，确保公司及相关信息披露义务人（以下简称"信息披露义务人"） 依法合规地履行信息披露义务，保护投资者的合法权益，根据《中华人民共和国 证券法》（以下简称"证券法"）、《深圳证券交易所创业板股票上市规则》（以下 简称"《上市规则》"）、《深圳证券交易所上市公司自律监管指引第 2 号——创业 板上市公司规范运作》（以下简称"《规范运作指引》"）等相关法律法规、部门规 章、规范性文件及《昆仑万维科技股份有限公司章程》（以下简称"《公司章程》"）、 《昆仑万维科技股份有限公司信息披露制度》（以下简称"《信息披露制度》"）等 相关规定，结合公司的实际情况，制定本制度。 第二条 信息披露义务人按照《上市规则》、《规范运作指引》及深圳证券交 易所（以下简称"深交所"）其他相关业务规则的规定，办理公司信息披露暂缓、 豁免业务的，适用本制度。 第三条 公司根据《上市规则》、《规范运作指引》及深交所其他相关业务规 则，自行审慎判断是否存在规定的暂缓、豁免情形，并接受深交所对有 ...

上述授信具体数额以公司根据实际经营需求及与银行签订的最终协议为准。在上述 授信额度内，董事会授权公司董事长或其指定的授权代理人代表公司办理相关事宜，签 署相应法律文件。 本次申请综合授信额度事项无需提交股东大会审议。 特此公告。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 昆仑万维科技股份有限公司（以下简称"昆仑万维"或"公司"）于 2025 年 8 月 22 日召开第五届董事会第三十二次会议，审议通过了《关于公司向银行申请授信的议 案》。现将有关情况公告如下： 因经营发展需要，公司拟向中国邮政储蓄银行股份有限公司北京石景山区支行申请 不超过 5,000 万元人民币的综合授信额度，为期 1 年，授信将基于公司的信用状况，无 需提供抵押物或其他形式的担保。 证券代码：300418 证券简称：昆仑万维 公告编号：2025-064 昆仑万维科技股份有限公司 关于公司向银行申请授信的公告 二零二五年八月二十二日 昆仑万维科技股份有限公司董事会 ...

昆仑万维科技股份有限公司 2025 年 1-6 月 非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 汇总表第 1页 | 其它关联资金往来 | 资金往来方名称 | 往来方与上市公司的关联 关系 | 上市公司核算的 | 2025 年期初往来 | 2025 年 1-6 月往 2025 来累计发生金额 | 年 1-6 月 2025 年 往来资金的利 偿还累计发生 | 1-6 月 2025 年 | 6 月底 往来形成原因 | 往来性质 （经营性往来、非 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 会计科目 | 资金余额 | （不含利息） | 息(如有) 金额 | 往来资金余额 | | 经营性往来） | | 控股股东、实际控 | | | | | | | | | | | 制人及其附属企业 | | | | | | | | | | | | 北京在线方舟游戏科技有限公司 | 全资子公司 | 应收账款 | | 2.09 | | 0.68 | 1.41 房租、办公服务收入 | 经营性往来 | | | 北京乐享方舟游戏科技有限 ...

证券代码：300418 证券简称：昆仑万维 公告编号：2025-063 昆仑万维科技股份有限公司 昆仑万维科技股份有限公司 2025 年半年度报告全文及摘要于 2025 年 8 月 23 日在 中国证监会指定的创业板信息披露网站巨潮资讯网上披露，请投资者注意查阅。 特此公告。 昆仑万维科技股份有限公司董事会 二零二五年八月二十二日 2025 年半年度报告披露提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 ...

Core Trends - The acceleration of robot industrialization is marked by the first humanoid robot sports event in Beijing, which emphasizes the transition from laboratory technology to practical scenario assessments, providing opportunities for startups to participate in setting industry standards [2][6][7] - The interaction paradigm is being reshaped with the introduction of AI Agents, as seen with Zhiyu AI embedding Agents into cloud phones, indicating a shift from platform-level applications to more targeted vertical device applications [3][4] - The emergence of relationship-based AI applications, such as "Doudou AI," signifies a transition from functional tools to emotional companions, creating new interactive entertainment experiences and business models [4][21] - The competition in the multimodal space has intensified, with Kunlun Wanwei's series of releases indicating a shift towards ecological positioning, where integrating open-source technologies to build competitive moats is becoming a mainstream strategy [5][24] Events - The first World Humanoid Robot Sports Competition featured 280 teams from 16 countries, showcasing over 500 humanoid robots competing in various events, including athletics and soccer, with a strong signal towards industrialization [6][10] - The competition introduced scenario-based tests in industries such as healthcare and warehousing, promoting the evaluation of practical capabilities and setting the stage for the next event in 2026 [7][9] Corporate Developments - Meta has halted its aggressive hiring strategy and restructured its AI division, focusing on the Meta Superintelligence Labs (MSL) to streamline research and application processes under the leadership of 28-year-old Alexandr Wang [13][15] - ChatExcel has secured nearly 10 million yuan in angel funding to enhance its "AI DataAgent" strategy, aiming to create a closed-loop system for data value exchange [16] Product Launches - Zhiyu AI launched AutoGLM 2.0, integrating AI Agents with cloud phones to perform tasks across applications without occupying local device resources, marking a new interaction paradigm [16][17] - Feishu has independently launched its multi-dimensional spreadsheet, allowing users to build business systems without needing to download the client, catering to the zero-code demand [18][19] - Doudou AI 1.0 has been released, transitioning from a tool to a companion, featuring real-time voice interaction and emotional awareness to enhance user engagement [20][21] Model Capabilities - Anthropic's Claude 4.1 has introduced the ability to terminate conversations in response to harmful content, aiming to enhance platform safety and brand trust, though it raises concerns about potential misinterpretations [26]

Index Performance - The CSI A500 Index increased by 4.27% this week, closing at 5198.91 points as of August 22 [5] - The average daily trading volume for the week was 8003.97 billion yuan, with a week-on-week increase of 32.60% [5] Component Stocks Performance - The top ten gainers this week included: 1. Cambrian (688256.SH) with a rise of 34.59% 2. Sinopec Capital (000617.SZ) up by 34.38% 3. ZTE Corporation (000063.SZ) increasing by 32.21% 4. Kunlun Wanwei (300418.SZ) up by 23.48% 5. Northern Rare Earth (600111.SH) rising by 22.95% [2] - The top ten losers included: 1. Quzhou Development (600208.SH) down by 11.68% 2. Giant Star Technology (002444.SZ) decreasing by 6.90% 3. Weilan Lithium Core (002245.SZ) down by 6.82% 4. Xuan Tai Medical (688617.SH) down by 5.66% 5. Tiger Med (300347.SZ) decreasing by 4.92% [2] Fund Performance - All 39 CSI A500 funds closed with a gain of 2% or more this week, with the leading fund being Huatai-PineBridge's A500 Index Fund (512370) which rose by 4.62% [5] - The total scale of CSI A500 funds reached 1810.70 billion yuan, showing an increase compared to the previous week [5] - The top three funds by scale are: 1. Huatai-PineBridge with 203.31 billion yuan 2. Guotai Fund with 183.57 billion yuan 3. E Fund with 183.57 billion yuan [5] Market Outlook - Shenyin Wanguo Securities reported a continued bullish market atmosphere, expecting strong performance to persist until early September, with limited corrections thereafter [5] - Guotai Junan Securities emphasized a cautious optimism regarding the market's upward potential, suggesting that a transition from liquidity-driven growth to fundamental-driven growth is necessary for sustained upward movement [5]

Market Performance - The Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, and STAR Market 50 Index all experienced upward movement, with the Shanghai Composite Index surpassing 3800 points and the STAR Market 50 Index rising over 8% [1] - By the end of trading, the Shanghai Composite Index closed at 3825.76 points, up 1.45%, with a trading volume of 1.0951 trillion yuan; the Shenzhen Component Index closed at 12166.06 points, up 2.07%, with a trading volume of 1.4516 trillion yuan; the ChiNext Index closed at 2682.55 points, up 3.36%, with a trading volume of 697.74 billion yuan; the STAR Market 50 Index closed at 1247.86 points, up 8.59%, with a trading volume of 110.4 billion yuan [1] Sector Performance - Most industry sectors and concepts saw gains, with electronics, securities, communications, education, computers, defense, media, power equipment, and insurance leading the way [3] - Active concepts included storage chips, computing power, multi-modal AI, cameras, brokerages, CPO, holographic technology, PCB, and quantum technology [3] - Conversely, sectors such as banking, textiles, coal, oil and petrochemicals, and steel experienced declines [3] Individual Stock Performance - A total of 2720 stocks rose, while 2210 stocks fell, with 214 stocks remaining flat and 9 stocks suspended [3] - Among the stocks that hit the daily limit, 14 stocks had consecutive limit-up days of 2 or more, with Kosen Technology achieving the highest at 6 consecutive limit-ups [4] Fund Flow - The net outflow of main funds from the Shanghai and Shenzhen markets was 2.768 billion yuan, with the ChiNext seeing a net inflow of 2.491 billion yuan and the CSI 300 seeing a net inflow of 7.427 billion yuan [5][6] - The computer sector had the highest net inflow of main funds at 4.799 billion yuan, followed by electronics, media, non-bank financials, and communications [6] Notable Stocks - 135 stocks received net inflows of over 100 million yuan, with Dongfang Caifu leading at 1.987 billion yuan [11][12] - Conversely, 101 stocks experienced net outflows exceeding 100 million yuan, with Meiri Interactive seeing the largest outflow at 623 million yuan [13][15] Institutional Activity - Institutional investors had a net buy of approximately 860 million yuan, with the highest net buy in Heertai at about 262 million yuan [17][18] - The stocks with the highest institutional net buy included Kunlun Wanwei, Chuanrun Shares, and Shunwang Technology [18]