Core Viewpoint - Aurora Mobile Limited has partnered with Beijing Fenbeitong Technology Co., Ltd. to enhance messaging efficiency and user engagement through the integration of Aurora Mobile's JPush solution with Fenbeitong's core app [1][6]. Company Overview - Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, established in 2011. The company focuses on delivering stable and efficient messaging services and has developed solutions like Cloud Messaging and Cloud Marketing to support enterprises in achieving omnichannel customer reach [8]. Partnership Details - The partnership aims to improve real-time content delivery and user experience for Fenbeitong's enterprise clients by integrating JPush, which addresses shortcomings of traditional push notifications in terms of coverage, accuracy, and delivery rate [2][5]. - JPush supports multiple operating systems and messaging channels, ensuring consistent and timely notifications for all Fenbeitong users, regardless of their device [3][4]. Technological Features - JPush offers flexible tag and alias management, allowing Fenbeitong to segment users for personalized messaging, which enhances message relevance and click-through rates [4]. - The architecture of JPush can handle tens of billions of daily visits, supporting high concurrency scenarios and ensuring timely delivery of critical notifications [3][5]. User Experience Enhancement - The integration of JPush has led to the creation of a high-performance messaging hub for Fenbeitong, improving user engagement and retention while enhancing the platform's promotional campaign capabilities [5][6]. - This collaboration is seen as a significant step in optimizing user experience and reinforcing Fenbeitong's leadership in enterprise services [6]. Future Outlook - Aurora Mobile will continue to be a trusted technology partner for Fenbeitong, exploring opportunities for user growth and innovative interaction scenarios to deliver smarter expense management experiences [7].

Core Insights - The collaboration between Fenbeitong and Aurora Mobile aims to enhance user experience and information delivery efficiency through the integration of JPush, a professional messaging solution [1][3]. Group 1: Company Overview - Fenbeitong is a leading enterprise expense management platform focused on providing intelligent and transparent expense control experiences for corporate users [1]. - Aurora Mobile, listed on NASDAQ under the ticker JG, is a leading customer interaction and marketing technology service provider in China [1]. Group 2: Technology Integration - JPush is fully compatible with multiple platforms including Android, iOS, HarmonyOS, QuickApp, and Web, ensuring consistent and timely notifications across various devices [2]. - The architecture of JPush supports a daily access volume of over 10 billion, ensuring high concurrency for Fenbeitong's enterprise users [2]. - JPush offers flexible user tagging and alias management, allowing Fenbeitong to implement personalized messaging based on user roles and behaviors, thereby increasing relevance and click-through rates [2]. Group 3: User Experience Enhancement - The integration of JPush has optimized user interaction experiences, increased user activity and retention rates, and improved the efficiency of information dissemination in operational activities [3]. - This partnership represents a significant step for Fenbeitong in enhancing user experience and deepening service capabilities within the enterprise service sector [3]. Group 4: Future Prospects - Aurora Mobile is expected to continue as a trusted technology partner for Fenbeitong, exploring opportunities in user growth, refined operations, and innovative interaction scenarios [3].

Core Insights - Aurora MoonFox Data participated in the Hubbis Investment Forum Hong Kong 2025, focusing on wealth management and investment opportunities in Greater China and globally [1][2] Group 1: Event Overview - The forum featured a vibrant atmosphere with strong attendance from industry professionals, including investment bankers and asset managers, who showed significant interest in MoonFox's alternative data applications [2] - Key discussions revolved around the use of alternative data for investment research, risk management, and asset allocation, highlighting its relevance in the current market [4][6] Group 2: Key Use Cases of Alternative Data - Fund managers emphasized the importance of high-frequency alternative data, such as app activity and offline brand foot traffic, for early detection of market shifts, allowing timely adjustments in sector allocations [4] - Family office representatives noted that MoonFox's indices for offline store traffic and factory throughput provide real-time operational health monitoring for companies, enabling proactive risk management [6] - Private bankers and analysts discussed how online activity indices can track emerging consumer brands' growth, exemplified by Pop Mart's app activity correlating with revenue growth [6][9] Group 3: Insights from Keynote Speech - Max Ma, Senior Analyst at MoonFox Data, highlighted that China's GDP grew by 4.8% year-on-year in Q3 2025, with AI technology becoming a core driver of economic transformation [8] - The generative AI apps reached 471 million monthly active users in September 2025, marking a 12.4% month-on-month increase, which has intensified competition among platforms [8] - MoonFox's alternative data tracks extensive app usage and offline activities, providing investors with insights to anticipate industry trends and validate company fundamentals [9][10] Group 4: Future Outlook - MoonFox Data aims to deepen its presence in the Chinese market, offering forward-looking data solutions to help global investors capitalize on new opportunities in China's evolving economic landscape [12]

Core Viewpoint - Aurora Mobile Limited has entered a strategic partnership with Super 8 Hotels China to enhance guest experiences through the integration of its intelligent push notification solution, JPush, reflecting the growing trend of technology adoption in the hotel industry [1][6]. Company Overview - Aurora Mobile, founded in 2011, is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services for enterprises [8]. Partnership Details - The collaboration aims to build an intelligent messaging hub that supports next-generation hotel service models, enhancing the overall guest experience [1][6]. - JPush will enable Super 8 Hotels to provide real-time, personalized services to guests, addressing the evolving expectations of modern travelers [2][3]. Technological Integration - JPush offers capabilities that allow Super 8 Hotels to deliver scenario-based information tailored to guest profiles, improving service relevance for different customer segments [3]. - The system optimizes end-to-end service workflows, facilitating a seamless digital experience from booking to post-stay engagement [4]. Future Prospects - The partnership is designed to strengthen Super 8 Hotels' digital foundation, enabling consistent service quality while exploring new service models [6]. - Future plans include deeper integration of AI and messaging technologies to further enhance personalized guest experiences [7].

Core Insights - The hotel industry is undergoing a digital transformation, with technology services evolving from auxiliary tools to core competitive advantages [1][2] - Super 8 Hotels in China has partnered with Aurora Mobile's JPush to create an intelligent messaging hub that supports future hotel service models, moving towards personalized experiences [1][3] - The collaboration aims to enhance service efficiency and guest experience through digital solutions that cater to modern travelers' expectations for personalized and immediate services [2][3] Technology Integration - JPush's technology architecture enables Super 8 Hotels to digitally reshape service processes, providing a full journey experience from booking confirmation to in-stay services [2] - The system allows for real-time service responses and accurate service guidance for staff, improving both service efficiency and guest satisfaction [2] - JPush's open architecture supports the continuous expansion of service scenarios, integrating more smart devices and service modules for a comprehensive smart hotel experience [2] Future Developments - Super 8 Hotels plans to deepen its collaboration with JPush, exploring the integration of artificial intelligence with messaging services to create even more intelligent and personalized hotel experiences [3] - This partnership reflects Super 8's strategic vision in digital transformation and offers a practical reference for technological innovation in the hotel industry [3] - By building a robust technological support system, Super 8 Hotels is preparing for the intelligent future of the hotel industry [3]

Core Insights - MoonFox Data, a subsidiary of Aurora Mobile, has launched its Financial Alternative Data Solution to enhance investment decision-making efficiency and accuracy by providing real-time, precise data support [1][12]. Investment Analysis Pain Points - Investment institutions face challenges such as delayed performance forecasting due to a 1–1.5 month information lag, which complicates revenue predictions for listed companies [2]. - Limited data coverage restricts research and consulting institutions to either online or offline data, hindering comprehensive evaluations of corporate operations and industry competition [2]. - Private equity and venture capital firms struggle to validate data-financial linkages, making it difficult to assess enterprise value and investment potential [2]. - Identifying high-growth sectors is challenging for investment institutions, risking missed investment opportunities [2]. Application Scenarios - The solution supports earnings forecasting for public companies, allowing funds and investment banks to predict revenues ahead of earnings releases by integrating various data sources [3]. - Real-time corporate performance monitoring is available for all investment institutions, enabling them to track operational dynamics and identify performance risks or growth signals [8][14]. - Subsector opportunity discovery assists VC/PE and research institutions in rapidly identifying high-growth sectors and screening for top-performing targets [9][15]. - Competitive benchmarking allows corporate strategy and research teams to compare operational performance across multiple companies within an industry [10][16]. Compliance and Data Coverage - MoonFox Financial Alternative Data complies with industry-leading data security and privacy standards, offering historical data tracing since 2019 and flexible output granularity [11]. - The platform covers over 300 listed companies and more than 1,000 brands across A-shares, Hong Kong, and US markets, serving clients like BlackRock and Goldman Sachs [12].

Core Insights - The company reported a total revenue of RMB 19,900,000 for Q3 2025, reflecting a 15% year-over-year growth and a 1% sequential growth, which is at the high end of the guidance provided [1] - The flagship product, Engagement, achieved significant growth with an Annual Recurring Revenue (ARR) of RMB 53,700,000, marking a 160% year-over-year increase [1][8] - The financial risk management business recorded its highest quarterly revenue of RMB 222,600,000, representing a 43% year-over-year growth [5] Revenue Performance - Total group revenue grew by 15% year-over-year, driven by strong performance in developer services and financial risk management [7] - Developer services revenue increased by 12% year-over-year, while subscription revenue grew by 11% year-over-year and 7% quarter-over-quarter [7][8] - The cumulative contract value for Engagement reached RMB 128,000,000, with over RMB 15,000,000 worth of new contracts signed in Q3 alone [9] Profitability and Cash Flow - The company achieved back-to-back quarterly net GAAP profit for the first time in its history, with gross profit growing by 20% year-over-year [2][15] - Net operating cash inflow reached RMB 33,300,000, the highest level since 2020, indicating strong cash generation capabilities [20][39] - The gross margin improved year-over-year and quarter-over-quarter, reflecting effective cost management alongside revenue growth [15][37] Customer Metrics - The number of global customers increased by 156% year-over-year, reaching 1,312, driven by the company's global go-to-market efforts [9][10] - The Net Dollar Retention (NDR) rate for the core developer service business stood at 104%, indicating strong customer retention and increased spending [18][38] - Deferred revenue reached a historical high of RMB 166,300,000, signifying strong customer loyalty and predictable future revenue [19][38] Business Outlook - The company anticipates Q4 2025 revenue guidance in the range of RMB 94,000,000 to RMB 96,000,000, representing a solid growth of 1% to 3% year-over-year [23] - The management expressed confidence in the continued growth trajectory of the Engagement product, which is expected to drive revenue growth in the next 12 to 24 months [10][33]

Financial Data and Key Metrics Changes - The group's revenue for Q3 2025 was RMB 19.9 million, reflecting a 15% year-over-year growth and a 1% sequential growth, which was at the high end of the guidance provided [5][18] - The company achieved its first-ever back-to-back quarterly net GAAP profit, indicating strong business performance [4][18] - Gross profit grew by 20% year-over-year, reaching the highest level in the past 15 quarters, with improved gross margin [6][13] - Net operating cash inflow was RMB 23.3 million, the highest since Q4 2020, indicating a strong cash position [6][17] Business Line Data and Key Metrics Changes - EngageLab, the flagship product, recorded an ARR of RMB 53.7 million, representing a 160% year-over-year growth [8][18] - Financial Risk Management business achieved its highest quarterly revenue of RMB 22.6 million, with a 43% year-over-year growth [5][12] - Developer services revenue increased by 12% year-over-year, while subscription revenue grew by 11% year-over-year [7][8] - Value-Added Services revenue grew by 22% year-over-year but decreased by 34% quarter-over-quarter [10][11] Market Data and Key Metrics Changes - EngageLab's customer base increased by 156% year-over-year, reaching 1,312 customers, with sales in over 52 countries [9][10] - The Financial Risk Management segment saw a 44% growth in customer numbers, contributing to its revenue growth [12] Company Strategy and Development Direction - The company is focused on expanding its global footprint, with EngageLab positioned as a key driver for revenue growth over the next 12 to 24 months [10][29] - Continuous investment in product improvements and customer service has been emphasized as a strategy to maintain growth [27][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining revenue growth momentum, with Q4 2025 revenue guidance projected between RMB 94 million and RMB 96 million, indicating a 1%-3% year-over-year growth [20] - The company highlighted the importance of maintaining high gross margins while expanding revenue [34] Other Important Information - The company has initiated a share repurchase program, increasing the authorization to repurchase up to $10 million worth of ordinary shares [21] - Total deferred revenue reached a historical high of RMB 166.3 million, indicating strong customer loyalty and predictable future revenue [16][35] Q&A Session Summary Question: Strength of EngageLab business and growth trajectory - Management highlighted that EngageLab's ARR reached RMB 53.7 million, a 160% increase year-over-year, driven by product improvements and global customer engagement [24][26] Question: Recap of what went well in Q3 for GAAP net profit - Management noted strong revenue growth across all business lines, with EngageLab contributing RMB 13 million, and emphasized the importance of maintaining margins while achieving revenue growth [32][34]

Business Highlights - The company's customer numbers increased by 156% year-over-year (YoY) and 24% quarter-over-quarter (QoQ)[8] - Annual Recurring Revenue (ARR) reached RMB 5370万 in September 2025, representing a YoY growth of over 160%[9] - EngageLab's customers span 52 countries and regions, with offices established in Hong Kong, Singapore, Malaysia, and Japan[12] - GPTBots.ai entered a strategic partnership with Vonosis Co, Ltd in Thailand to deliver localized AI solutions[15] - EngageLab upgraded its Marketing Automation functions with AI-powered capabilities to enhance marketing efficiency and user conversion rates[18] Financial Highlights - The company achieved GAAP net income for two consecutive quarters, a historic first[29, 33] - Q3 2025 recorded the highest quarterly revenue in EngageLab's history[29] - Net Dollar Retention (NDR) for Developer Services (Subscription) reached 104%, the highest level in history[29, 53] - Total revenue reached RMB 9090万, a 15% YoY increase and 1% QoQ increase[36] - Gross profit increased by 20% YoY and 7% QoQ, reaching RMB 6380万, the highest level in the past 15 quarters, with a gross margin of 702%[30, 46] - Deferred revenue reached RMB 16630万, a historic high[30, 50, 53]

Core Viewpoint - Aurora Mobile has announced a stock repurchase plan, indicating confidence in its business model and long-term growth potential, while suggesting that its current stock value is significantly undervalued [1] Group 1: Stock Repurchase Plan - The board of directors has approved a new stock repurchase plan, allowing the company to repurchase up to $10 million of its common stock by December 31, 2026 [1] - The repurchase may occur in the open market at current market prices or through private negotiations, block trades, and other legal methods [1] - The board will regularly review the repurchase plan and may adjust its terms and scale as necessary [1] Group 2: Management's Confidence - The CEO, Luo Weidong, expressed strong confidence in the company's core advantages and strategic positioning for long-term growth [1] - The stock repurchase is seen as a serious commitment to loyal shareholders, emphasizing the company's significant future potential [1]