金山软件首席执行官邹涛先生表示："第三季度，集团总收益人民币24.19亿元，同比下降17%，环比增 长5%。办公软件及服务业务表现稳健，得益于WPS软件业务的显著增长、WPS 365业务的快速增长及 WPS个人业务的稳健增长。网络游戏及其他业务下滑，主要由于若干现有游戏的收益贡献减少。新上 线游戏处于发展初期，仍在逐步建立市场影响力。 在办公软件及服务业务中，WPS个人业务通过AI新产品落地推广及海内外市场精细化运营，带动WPS AI月活、付费用户数及用户价值稳步提升。对于WPS 365业务，我们不断完善协作与AI条线产品，民营 企业及地方国企客户覆盖进展卓有成效，产品力和行业影响力持续提升。对于WPS软件业务，信创招 标进度加速。政务AI产品持续迭代，目前已在中央及地方党政机关落地推广，为信创客户数智化转型 保驾护航。 在网络游戏业务中，旗舰游戏《剑网3》于八月迎来十六周年，并于十月推出年度资料片，引入创新玩 法。二次元游戏《尘白禁区》依托长线内容更新与用户运营，稳固核心用户群体。科幻机甲游戏《解限 机》上线后持续调优玩法和运营模式，提升玩家体验。两款国际化IP游戏《鹅鸭杀》和《愤怒的小鸟》 预计在未来季度 ...

Core Insights - Kingsoft Software (03888) reported Q3 2025 earnings with total revenue of approximately RMB 2.419 billion, a year-on-year decrease of 17% but a quarter-on-quarter increase of 5% [1] - Operating profit was around RMB 277 million, down 76% year-on-year and down 28% quarter-on-quarter [1] - Net profit attributable to shareholders was approximately RMB 213 million, a decrease of 48% year-on-year and a decrease of 60% quarter-on-quarter, with basic earnings per share of RMB 0.15 [1] Business Performance - The company focused on its core business, emphasizing AI, collaboration, and internationalization as strategic priorities [1] - The office software and services segment showed stable performance, driven by significant growth in WPS software, rapid growth in WPS 365, and steady growth in WPS personal business [2] - The gaming and other businesses experienced a decline due to reduced revenue contributions from existing games, while newly launched games are still in the early stages of market establishment [1][2] Office Software and Services - WPS personal business benefited from the rollout of new AI products and refined operations in domestic and international markets, leading to steady increases in monthly active users, paid users, and user value [2] - WPS 365 business is continuously improving collaboration and AI product lines, with effective coverage of private enterprises and local state-owned enterprises [2] - Government AI products are being iterated and have been promoted in central and local government agencies, supporting the digital transformation of clients [2] Gaming Business - The flagship game "Jian Wang 3" celebrated its 16th anniversary in August and launched an annual expansion pack in October, introducing innovative gameplay [2] - The anime game "Chen Bai Jin Qu" is maintaining its core user base through long-term content updates and user operations [2] - The sci-fi mech game "Jie Xian Ji" continues to optimize gameplay and operational models post-launch to enhance player experience [2] - Two international IP games, "Goose Goose Duck" and "Angry Birds," are expected to launch in the domestic market in upcoming quarters [2] Future Outlook - Kingsoft Software plans to continue focusing on its core strategy of AI, collaboration, and internationalization, leveraging its core product matrix to meet the needs of individual users and large enterprises [2] - The gaming business will concentrate on developing high-quality content and global distribution, enhancing the longevity of classic IPs, and promoting the growth of new categories for sustainable development [2]

Core Insights - The company reported a total revenue of RMB 2.42 billion for Q3 2025, representing a year-on-year decline of 17% but a quarter-on-quarter increase of 5% [1] - The office software and services segment generated revenue of RMB 1.52 billion, showing a year-on-year growth of 26% and a quarter-on-quarter growth of 12% [1] - The gaming and other businesses generated revenue of RMB 900 million, reflecting a year-on-year decline of 47% and a quarter-on-quarter decline of 6% [1] - The net profit attributable to the parent company was RMB 210 million, down 48% year-on-year [1] Office Software and Services - Growth in the office software and services segment was driven by the performance of WPS software, WPS 365, and personal business [1] - The strong growth of WPS software was primarily due to the boost from Xinchuang orders [1] - The rapid growth of WPS 365 was attributed to continuous improvements in collaboration and AI products, as well as effective expansion among private enterprises and local state-owned enterprises [1] - The steady growth in personal business was supported by the rollout of new AI products and refined operations, leading to an increase in paying users [1] - As of September 2025, the global monthly active devices for WPS Office reached 669 million, a year-on-year increase of 9% [1] Gaming and Other Businesses - The revenue decline in the gaming and other businesses was mainly due to a drop in earnings from several existing games, partially offset by contributions from newly launched games [1] Strategic Focus - The company will continue to focus on its core strategy of "AI, collaboration, and internationalization," leveraging its core product matrix to cover full-scenario needs from individuals to enterprises [2] - In the gaming sector, the company aims to concentrate on developing high-quality content and global distribution to promote the growth of new categories and sustainable development [2]

Core Insights - The HICOOL 2025 Global Entrepreneur Summit emphasizes collaboration as the foundation of innovation, with participants from over 50 countries sharing insights on the importance of working together to drive progress [1][2][3] - The summit highlights the role of technology in serving humanity, focusing on real-world applications in healthcare and addressing global challenges such as aging and mental health [4][5] - Entrepreneurship is framed as a journey that requires resilience and the ability to learn from failures, with a strong emphasis on the importance of perseverance in the face of setbacks [6][7] Group 1: Collaboration as Innovation's Root - Collaboration is identified as the most frequently mentioned keyword, underscoring its critical role in driving innovation [1][2] - A practical model for collaborative innovation is proposed, emphasizing the need for openness and cross-sector cooperation [2] - The unique environment of HICOOL fosters alignment of goals among diverse participants, enhancing the efficiency of collaborative efforts [2][3] Group 2: Technology for Humanity - The summit raises questions about the ultimate purpose of technology, advocating for a focus on human-centric solutions [4][5] - Immersive technologies are presented as effective tools for addressing mental health challenges, showcasing their scalability and cost-effectiveness [5] - The importance of connecting technology to real human problems is emphasized, with examples of collaborative projects aimed at improving health outcomes [5] Group 3: Resilience in Entrepreneurship - The entrepreneurial journey is characterized as challenging, with a focus on the importance of resilience and the ability to rebound from failures [6][7] - Participants are encouraged to view failures as learning opportunities, promoting a mindset of rapid learning and adaptation [6] - The summit serves as a reminder that the path of entrepreneurship is fraught with challenges, but persistence and determination are key to success [6][7] Group 4: Beijing as an Innovation Hub - HICOOL 2025 reflects a broader trend of fostering innovation through collaboration in Beijing, positioning the city as a critical node in the global innovation network [7][8] - The summit is seen as a platform that transforms collaboration into a daily practice, contributing to the development of an innovative ecosystem [8] - The connections made during the summit are expected to have lasting impacts, igniting further entrepreneurial journeys [9][10]