雾芯科技：Q2营收8.8亿同比增40.3%，利润显著提升

Core Viewpoint - RLX Technology reported strong financial performance for Q2 2025, with a significant year-over-year revenue increase driven by international expansion and effective cost management [1] Financial Performance - Q2 net revenue reached 880 million RMB (approximately 122.8 million USD), a 40.3% increase from 627.2 million RMB in the same period last year, surpassing market expectations [1] - Gross margin for Q2 was 27.5%, up from 25.2% in Q2 2024 [1] - Non-GAAP operating profit was 116.2 million RMB (approximately 16.2 million USD), compared to 46.9 million RMB in Q2 2024, reflecting a 147.6% year-over-year increase [1] - Non-GAAP net profit was 291.2 million RMB (approximately 40.6 million USD), up from 214.8 million RMB in the same period last year [1] - Diluted earnings per share were 0.023 USD, slightly exceeding market expectations [1] Strategic Insights - The company attributes its strong performance to effective execution of its strategy amid ongoing industry changes and rapid shifts in regulatory policies and consumer behavior [1] - RLX Technology emphasizes its commitment to global compliance, data-driven localization strategies, and strengthening strategic partnerships to enhance its international distribution network [1] - The company expresses confidence in navigating complex challenges and seizing emerging opportunities to create sustainable value for stakeholders [1]