Core Insights - The company reported a significant revenue increase of RMB 2.626 billion, representing a year-on-year growth of approximately 40.7% [1] - Adjusted net loss narrowed to RMB 43.7 million, a reduction of about 71.2% compared to the same period last year [1] - The core business, the Prophet AI platform, saw revenue growth of RMB 2.149 billion, up approximately 71.9%, accounting for about 81.8% of total revenue [1] AI Agent and Market Position - The company has advanced the "AI Agent + World Model" initiative, capturing high-value AI transformation demands from enterprise clients, resulting in 90 benchmark users, an increase of 4 from the previous year [2] - Average revenue per benchmark user reached RMB 17.98 million, reflecting a growth rate of 56.6% year-on-year [2] - The company maintained its position as the leading player in the Chinese machine learning platform market for seven consecutive years, according to IDC [3] Future Growth and New Ventures - The company is exploring AI applications in new fields, including AI + energy storage, focusing on optimizing power trading strategies and intelligent operation of power plants [4] - The newly launched Phancy consumer electronics business has introduced products such as smartwatches and smart glasses, with plans to expand into smart toys and wearables [4] - A strategic partnership with Huawei's HarmonyOS and Hisilicon chips aims to create an integrated AI hardware solution, enhancing the company's competitive edge in the smart device ecosystem [5]

Core Insights - The company reported a significant revenue increase, with total revenue reaching 2.626 billion yuan, representing a year-on-year growth of approximately 40.7% [1] - The core business, the Prophet AI platform, showed remarkable performance, generating 2.149 billion yuan in revenue, a year-on-year increase of about 71.9%, accounting for approximately 81.8% of the total revenue [1] Business Development - The company is advancing the implementation of "AI Agent + World Model," capturing high-value AI transformation needs from enterprise clients, providing deep integration business and engineering solutions rather than standalone tools [1] - The value path of "AI Agent + World Model" has been fully rolled out among enterprise clients, achieving 90 benchmark users, an increase of 4 compared to the same period last year [1] - The average revenue per benchmark user reached 17.98 million yuan, with a growth rate of 56.6% compared to the previous year [1]

范式发布2025年中期业绩报告，集团收入大幅提升，总营收26.26亿元，较去年同期增长约40.7%。其 中，集团核心业务——先知AI平台业务表现十分亮眼，本期间实现业务收入21.49亿元，同比增长约 71.9%，占集团总收入约81.8%。 期内，集团深入推进"AI Agent+世界模型"的落地及应用，充分捕捉企业客户高价值场景下的AI转型需 求，为企业提供深度绑定业务、工程化落地的AI解决方案(企业级AIOS)，而非单点工具。"AI Agent+世 界模型"的价值路径在企业客户侧实现了全面铺开，实现标杆用户数90个，较去年同期增长4个；每标杆 用户平均收入为1798万元，较去年同期值的增长率高达56.6%。这样的单客平均收入增长曲线背后，是 先知AI平台正在迅速成为企业AI生产力基础设施的信号。 ...

Core Insights - The company reported a significant revenue increase of RMB 2.626 billion, representing a year-on-year growth of approximately 40.7% [1] - Adjusted net loss narrowed to RMB 43.7 million, a reduction of about 71.2% compared to the previous year [1] - The AI platform business, a core segment, generated RMB 2.149 billion in revenue, up approximately 71.9% year-on-year, accounting for about 81.8% of total revenue [1] Financial Performance - Total revenue reached RMB 2.626 billion, a 40.7% increase from the previous year [1] - Adjusted net loss decreased to RMB 43.7 million from RMB 151.6 million, marking a 71.2% improvement [1] - The combined expenses as a percentage of revenue fell from 58.2% to 44.5% [1] - R&D expenses increased by approximately 5.1%, with the expense ratio declining by 11.5% to 34% [1] - Accounts receivable decreased significantly from RMB 3.086 billion at the end of last year to RMB 1.967 billion [1] Business Development - The company advanced the "AI Agent + World Model" initiative, achieving 90 benchmark users, an increase of 4 from the previous year, with an average revenue per user of RMB 17.98 million, up 56.6% [2] - The company maintained its leading position in the Chinese machine learning platform market for seven consecutive years, according to IDC [2] New Business Exploration - The company is exploring new fields under the "AI+" strategy, including "AI + Stablecoin" and "AI + Energy Storage," focusing on risk management and optimization of power trading strategies [3] - The company aims to capture emerging trends and explore new commercial values and application scenarios [3] Ecosystem Development - The Phancy consumer electronics business launched several products, including smartwatches and smart glasses, with plans to expand into smart toys and wearables [4] - The company is building a new ecosystem for smart terminal devices, collaborating with Huawei on AI model capabilities and integrating with high-performance, low-power chips [4] - Strategic partnerships with Broadcom for AI communication chips aim to enhance the company's competitive edge in consumer electronics [4] Future Outlook - The company is committed to a strategy focused on "technology-driven, customer value, and ecosystem win-win" to solidify its market position and drive future growth [5]