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明源云2025半年报:扭亏为盈,加码AI与海外新赛道

Core Insights - Mingyuan Cloud reported a revenue of 606 million RMB for the first half of 2025, with positive growth in asset management and operation product lines [1] - The company turned around from a net loss of 115 million RMB in the same period last year to a net profit of 13.75 million RMB [1] AI Applications - The company’s AI product, Yunke, secured new contracts worth over 32 million RMB in the first half of the year [1] - The newly launched "AI投流" product covers the entire lifecycle of real estate short video marketing, reaching over 2,000 real estate projects [1] - Mingyuan Cloud has deepened cooperation with mainstream short video platforms, signing a strategic agreement with Douyin and becoming a first-level agent for Juyuan Engine [1] Overseas Business - The company introduced the self-developed product "Linkforce" based on the "AI+IOT+SaaS" concept, achieving client contracts and deliveries in Hong Kong [1] - Mingyuan Cloud fully acquired Japanese real estate technology company ASIOT in August 2025, enhancing its overseas presence [1] - The overseas product contract value exceeded 15 million RMB, with increasing brand recognition in international markets [1] Cost Control - The company successfully reduced costs and expenses, with sales expenses down by 22.2%, management expenses down by 56.5%, and R&D expenses down by 19.4% in the first half of the year [1] Future Outlook - The company plans to focus on core products and clients while increasing investments in AI and overseas markets, optimizing resource allocation to drive sustained business growth [2]