Financial Data and Key Metrics Changes - The total revenue for the first half of 2025 reached RMB 1,820,000,000, representing a year-on-year growth of 12.3% [3][12] - The overall gross profit increased by 27.3%, with adjusted net profit attributable to owners reaching RMB 470,000,000, a year-on-year increase of 71.3% [3][20] - Operating expenses grew by 43.1% to RMB 290,000,000, while administrative expenses increased by 23.2% to approximately RMB 220,000,000 [17][20] Business Line Data and Key Metrics Changes - The photo, video, and design (PVD) products segment grew by 45.2% year-on-year to RMB 1,350,000,000, making it the largest revenue contributor [3][12] - The number of paying subscribers for leisure products increased by 42% year-on-year, reaching 15,400,000 [12] - The productivity tools segment saw a 69% year-on-year increase in paying subscribers, with KAIPEI achieving a remarkable 330% growth [14] Market Data and Key Metrics Changes - Monthly Active Users (MAU) grew by 8.5% to 280,000,000, with users outside Mainland China reaching 98,000,000, growing at 15.3% [4][16] - Revenue from outside Mainland China grew by 35.9%, accounting for 36.6% of total revenue, indicating progress in globalization initiatives [16] Company Strategy and Development Direction - The company aims to focus on productivity and globalization while embracing AI technology to enhance user experiences and accelerate growth [21] - Strategic collaboration with Alibaba is expected to enhance product capabilities, particularly in e-commerce and cloud services [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the advertising segment and emphasized the importance of core PVD products [15][21] - The collaboration with Alibaba is meeting expectations, although significant outcomes may take time to materialize [26][27] Other Important Information - The company plans to maintain a consistent dividend ratio, now distributing dividends semi-annually instead of annually [21] - The AI agent Roboneo surpassed 1,000,000 MAUs shortly after launch, indicating strong initial user engagement [8][40] Q&A Session Summary Question: What strategies are planned for the second half and adjustments for the whole year? - Management highlighted the importance of core products and the need to invest in leisure products while not fully transitioning to productivity tools [25] Question: What is the update on collaboration with Alibaba? - The collaboration is progressing positively, with ongoing efforts to build trust and find synergies [26][27] Question: How does the company define competition with generative AI companies? - The company focuses on leveraging its strengths and integrating various models to enhance product offerings [32][33] Question: What are the plans for productivity tools outside Mainland China? - The company aims to target specific verticals with productivity tools, adapting to regional needs [48][50] Question: How does the company plan to budget for R&D? - The marketing budget remains fixed at around 16% of PVD products, with a focus on optimizing resources for talent and smaller model training [35][37] Question: What is the business progress of Roboneo? - Roboneo has gained over 1,000,000 MAUs, with plans for a complete subscription model to be launched soon [40] Question: How does the company view its market value and future growth? - The company emphasizes product quality and user growth as the primary drivers of market value, rather than focusing on stock price [58]

Financial Data and Key Metrics Changes - In the first half of 2025, total revenue reached RMB 1,820 million, a year-on-year growth of 12.3% [3] - The overall gross profit increased by 27.3%, with adjusted net profit attributable to owners reaching RMB 470 million, a year-on-year increase of 71.3% [3][20] - Operating expenses grew by 43.1% to RMB 290 million, while administrative expenses increased by 23.2% to approximately RMB 220 million [17][20] Business Line Data and Key Metrics Changes - The photo, video, and design (PVD) products segment grew 45.2% year-on-year to RMB 1,350 million, making it the largest revenue contributor [3][12] - The number of paying subscribers for leisure products increased by 39% year-on-year, reaching 15.4 million [12] - Productivity tools saw a 69% year-on-year increase in paying subscribers, with KAIPEI achieving 330% year-on-year growth [14] Market Data and Key Metrics Changes - Monthly Active Users (MAU) grew by 8.5% to 280 million, with users outside Mainland China reaching 98 million, growing at 15.3% [4] - Revenue from outside Mainland China grew by 35.9%, accounting for 36.6% of total revenue [16] Company Strategy and Development Direction - The company aims to focus on productivity and globalization while embracing AI technology to enhance user experiences [21] - Strategic collaboration with Alibaba is expected to enhance product capabilities and improve training frameworks [9][21] - The company plans to integrate AI features into existing products to empower vertical use cases [8] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the advertising segment and emphasized the importance of focusing on core PVD products [15][21] - The collaboration with Alibaba is progressing positively, although immediate large profit increases are not expected [26] - The company aims to maintain a competitive edge by leveraging its strong market channel advantage and focusing on user pain points [64][66] Other Important Information - The company plans to maintain its dividend policy, distributing dividends twice a year while keeping the same ratio [21] - AI technologies are seen as a key driver for user interaction and monetization, with new features enhancing user willingness to pay [5][20] Q&A Session Summary Question: What strategies are planned for the second half regarding products for leisure? - Management indicated that products for leisure are foundational for user acquisition and will continue to invest in them while not fully transitioning to productivity tools [24][25] Question: What is the update on the collaboration with Alibaba? - The collaboration is meeting expectations, but significant outcomes will take time as both teams build trust [26][27] Question: How does the company plan to handle competition from generative AI companies? - The company focuses on leveraging its strengths and collaborating with various AI companies to enhance its product offerings [32][33] Question: What are the plans for productivity tools outside Mainland China? - The company aims to focus on targeted, vertical scenarios for productivity tools outside Mainland China, adapting to regional needs [48][50] Question: How does the company view its market value and future growth? - The company does not focus on market value but emphasizes building world-class products to drive growth [58] Question: What is the approach to R&D budgeting? - The marketing budget remains around 16% of PVD products, with a focus on optimizing resources for different markets [35][37]

在用户数据方面，美图的 MAU（月活跃用户）和付费订阅用户数均实现强劲增长。截至 2025 年 6 月， MAU 总数达到 2.80 亿，其中中国内地以外市场 MAU 同比增长 15.3% 至 9800 万。付费订阅用户总数同比 增长超 42.0% 至约 1540 万，其中 180 万来自生产力工具。 IT之家从财报获悉，美图称 AI 是公司实现战略目标的关键推动力，帮助公司降低创意设计的门槛并重塑工 作流。美图为广大用户群体，不管是普通用户还是专业设计师，构建了覆盖图像、视频及设计领域的 AI 工 具矩阵。例如 AI 设计助手 RoboNeo，作为智能创意伙伴，帮助用户更便捷并高效地产出优质影像内容。 IT之家 8 月 18 日消息，美图公司今日披露 2025 上半年财报：截至 2025 年 6 月 30 日止六个月，本公司的收 入同比增长 12.3% 至人民币 18 亿元，归属母公司权益持有人净利润同比增长 30.8% 至人民币 3.97 亿元，经 调整归属母公司权益持有人净利润同比增长 71.3% 至人民币 4.67 亿元。 | | 截至6月30日止六個月 | | | | --- | --- | --- ...

Group 1 - The company, Meitu Inc. (01357.HK), reported a revenue of 1.821 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 12.34% [1] - Gross profit reached 1.34 billion RMB, showing a year-on-year growth of 27.26% [1] - Shareholders' profit attributable to the company was 397 million RMB, which is a 30.84% increase compared to the previous year [1] - Basic earnings per share were 0.09 RMB, and the company proposed an interim dividend of 0.045 HKD per ordinary share [1]

Group 1 - The company reported a revenue of 1.82 billion yuan for the first half of the year, representing a year-on-year growth of 12.3% [2] - The net profit for the same period was 397 million yuan, showing a year-on-year increase of 30.8% [2]

Core Viewpoint - Meitu Company reported a strong financial performance for the six months ending June 30, 2025, with significant increases in revenue, gross profit, and net profit, primarily driven by the growth in subscription-based imaging and design products [1][2] Financial Performance - Revenue for the six months reached 1.821 billion RMB, a year-on-year increase of 12.34% [1] - Gross profit amounted to 1.34 billion RMB, reflecting a year-on-year growth of 27.26% [1] - Net profit attributable to shareholders was 397 million RMB, up 30.84% year-on-year [1] - Basic earnings per share were 0.09 RMB, with an interim dividend proposed at 0.045 HKD per ordinary share [1] Business Segment Growth - The imaging and design products segment saw a robust revenue growth of 45.2%, reaching 1.3514 billion RMB compared to 930.6 million RMB in the same period last year [2] - The increase in paid subscription users was identified as the core driver of revenue expansion, with a year-on-year growth of over 42.0% to approximately 15.4 million users [2] - Subscription penetration rate stood at 5.5% as of June 30, 2025 [2] User Metrics - Monthly Active Users (MAU) totaled 280 million, with MAU outside mainland China growing by 15.3% to 98 million [2] - The total number of paid subscription users increased by over 42.0% to approximately 15.4 million, including 1.8 million from productivity tools [2] - The growth in user metrics validates the effectiveness of the company's "productivity and globalization" strategy and highlights the empowering effect of AI technology on product capabilities [2]

Group 1 - The company reported a revenue of 1.82 billion yuan for the first half of the year, representing a year-on-year growth of 12.3% [2] - The net profit for the same period was 397 million yuan, showing a year-on-year increase of 30.8% [2]

Core Viewpoint - Meitu Company (01357) reported a strong financial performance for the six months ending June 30, 2025, with significant growth in revenue and profit driven by an increase in paid subscription users in its imaging and design products business [1][2] Financial Performance - Revenue for the six months reached 1.821 billion RMB, a year-on-year increase of 12.34% [1] - Gross profit amounted to 1.34 billion RMB, reflecting a year-on-year growth of 27.26% [1] - Shareholder profit attributable to the company was 397 million RMB, up 30.84% year-on-year [1] - Basic earnings per share were 0.09 RMB, with an interim dividend proposed at 0.045 HKD per ordinary share [1] Business Segment Growth - The imaging and design products business saw a robust revenue increase of 45.2%, reaching 1.3514 billion RMB compared to 930.6 million RMB for the same period in 2024 [2] - The growth in revenue was primarily driven by a significant increase in the number of paid subscription users, which rose over 42.0% to approximately 15.4 million [2] - The subscription penetration rate stood at 5.5% as of June 30, 2025 [2] User Metrics - Monthly Active Users (MAU) reached 280 million, with MAU outside mainland China growing by 15.3% to 98 million [2] - The total number of paid subscription users increased by over 42.0%, with 1.8 million users attributed to productivity tools [2] - The growth in user metrics supports the effectiveness of the company's "productivity and globalization" strategy and highlights the impact of AI technology on product capabilities [2]

（於開曼群島註冊成立的有限公司，並以「美圖之家」名稱於香港經營業務） （股份代號：1357） 美图公司 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的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不會就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Meitu, Inc. (1)截至2025年6月30日止六個月 中期業績公告 (2)自股份溢價賬派付中期股息 (3)建議修訂組織章程細則及採納新組織章程細則 (4)暫停辦理股份過戶登記手續；及 (5)非執行董事辭任 美图公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司、其子公司及合併聯屬實體 （統稱「本集團」）截至2025年6月30日止六個月的未經審核合併業績。 在本公告中，「美圖」、「我們」及「我們的」指本公司（定義見上文）及本集團（定義見上文）（視乎 文義所指）。 主要摘要 * 歸屬母公司權益持有人 1 • 2025年6月的月活躍用戶（「MAU」）達2.80億，同比增長8.5%，較2024年12月實現的 6.7%同比增速有所提升。付費訂閱用戶數達約1,540萬，其中約1,360萬來自 ...

Core Viewpoint - Meitu Inc. experienced a 2.05% decline in stock price, trading at HKD 10.51 per share with a transaction volume of HKD 4.11 billion as of August 14, 2023 [1] Company Overview - Meitu Inc. is a technology company driven by artificial intelligence, focusing on the development of imaging and design products as well as digital solutions for the beauty industry [1] - As of June 2024, the company reported a monthly active user count of 258 million, with 84.73 million users located outside mainland China [1] Financial Performance - For the fiscal year ending 2024, Meitu Inc. reported total revenue of HKD 3.341 billion and a net profit of HKD 805 million [1] - The company is set to disclose its interim report for the fiscal year 2025 on August 18, 2023 [1]