Kunlun(SZ:300418)2025-01-23 09:32Financial Performance - The company expects a net loss of 1.39 billion RMB for the fiscal year 2024, compared to a profit of 1.26 billion RMB in the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be a loss of 1.42 billion RMB, down from a profit of 659.78 million RMB in the previous year[3] - Basic earnings per share are expected to be a loss of 1.14 RMB per share, compared to a profit of 1.05 RMB per share in the same period last year[3] Research and Development - The company has increased its R&D investment significantly to maintain its leading position in the AI sector, which has led to short-term cost pressures impacting profit performance[6] Investment Outlook - Investment income is expected to decline due to fluctuations in financial asset prices and estimated investment losses totaling 1.1 billion RMB[6] AI Innovations - The company has made significant advancements in various AI verticals, including the launch of the "Skywork o1" and "Skywork 4o" models, enhancing user experience in real-time voice dialogue[7] - The AI short drama platform "SkyReels" integrates video and 3D models, providing a unique creative experience for users[7] - The self-developed AI game "Cat Forest Academy" has made significant progress in development, showcasing innovative gameplay and character interaction[7] - The AI music platforms "Melodio" and "Mureka" have been launched, combining music creation, distribution, and commercial application[7] - The company’s Opera browser has introduced innovative features under the "AI Feature Drops" initiative, enhancing the browsing experience with new capabilities[8]