Core Viewpoint - The company has demonstrated strong revenue growth in the context of accelerated AI development, with significant advancements in its core business and product offerings [1][2]. Financial Performance - For Q1 2025, the company's total revenue reached RMB 1.077 billion, marking a year-on-year increase of 30.1% [1]. - Gross profit for the same period was RMB 444 million, also reflecting a 30.1% year-on-year growth, with a stable gross margin of 41.2% [1]. - The revenue from the company's XianZhi AI platform amounted to RMB 805 million, showing a remarkable year-on-year growth of 60.5%, accounting for 74.8% of total revenue [1]. Research and Development - The company invested RMB 368 million in R&D during the period, which is a 5.7% increase compared to the previous year [2]. - The R&D expense ratio was 34.2%, down 8 percentage points year-on-year, indicating efficient resource utilization while maintaining innovation [2]. Customer Base and Engagement - The number of benchmark users reached 59, reflecting a diversified customer base [2]. - The average revenue contribution from benchmark users was RMB 11.67 million, which represents a year-on-year increase of 31.3% [2]. Strategic Developments - The company is undergoing a group and brand upgrade, with the establishment of Paradigm Group, where its enterprise service business (4Paradigm) will become a core subsidiary [3]. - The new consumer electronics division, Phancy, aims to provide AI agent-based hardware and software solutions, facilitating easier integration of AI capabilities for various electronic manufacturers [3].
第四范式(06682.HK)第一季度先知AI平台业务收入大幅增长60.5% 持续推进客户群体的多元化