科大讯飞H1营收109.11亿元，亏损同比收窄40.37%

Financial Performance - The company reported a revenue of 10.91 billion yuan for the first half of 2025, representing a 17.01% increase compared to 9.32 billion yuan in the same period last year [1] - The net profit attributable to shareholders was -238.93 million yuan, an improvement of 40.37% from -400.67 million yuan year-on-year [1] - The net profit excluding non-recurring gains and losses was -364.17 million yuan, showing a 24.62% improvement from -483.10 million yuan in the previous year [1] - The net cash flow from operating activities was -771.97 million yuan, a significant improvement of 49.73% from -1.54 billion yuan year-on-year [1] - Basic earnings per share were -0.1034 yuan, up 40.44% from -0.1736 yuan [1] - Total assets at the end of the reporting period were 42.93 billion yuan, a 3.50% increase from 41.48 billion yuan at the end of the previous year [1] Strategic Initiatives - The company is actively seizing opportunities in the field of general artificial intelligence, with a strategic focus on future investments, reporting R&D expenditures of 2.39 billion yuan, which accounted for 21.92% of revenue [1] - The core business is showing healthy growth, with the TOC business continuing to expand rapidly, particularly the AI learning machine, which saw its revenue double in the first half of 2025 [1] AI Model Development - The company's AI model, Xinghuo, has maintained a leading position in the industry, with significant advancements in hallucination governance accuracy, surpassing mainstream models [2] - The multilingual capabilities of the model have been enhanced, now supporting over 130 languages, solidifying the company's position as a national leader in the AI industry [2] Automotive Sector Innovations - The Xinghuo model has been integrated into smart vehicle systems, creating a comprehensive ecosystem for voice interaction and multimodal perception, improving interaction efficiency by 157% [3] - The company showcased its automotive intelligent platform at the 2025 Shanghai Auto Show, offering a range of applications and open-source model capabilities for car manufacturers [3] - The company has developed advanced audio solutions for smart vehicles, achieving a doubling of product shipment scale year-on-year, with applications in over 80 models from more than 10 major automakers [4]