Core Insights - The company reported strong financial performance for the first half of 2025, with revenue reaching RMB 1.713 billion, a year-on-year increase of 39.0% [1] - Gross profit was RMB 177 million, up 29.2% year-on-year, while adjusted EBITDA was RMB 73.9 million, reflecting a 7.6% increase [1] - Adjusted net profit stood at RMB 51.8 million, marking a 10.3% year-on-year growth [1] Business Expansion - The company's overseas strategy has expanded its business footprint beyond China, with overseas revenue now exceeding half of the domestic market revenue for Chinese game developers [1] - There is potential for further growth in the overseas revenue segment, which could become a major source of income for the company [1] Strategic Partnerships and AI Development - The company is currently engaged in mobile advertising service strategic partnerships with six leading smartphone manufacturers, including Huawei, Xiaomi, OPPO, vivo, Honor, and Apple [1] - Increased investment in AI research and development has significantly enhanced the effectiveness of mobile advertising, strengthening business partnerships and core competitiveness [1] Future Growth Areas - The company's AI precision marketing and advertising business will continue to focus on the mobile gaming sector while also exploring other new growth areas [2] - To achieve rapid expansion in potentially high-growth new business areas, the company will consider internal team development, incubation, or external acquisitions [2]

Group 1 - A record number of Chinese companies are seeking to list in the U.S. this year, despite geopolitical tensions and stricter domestic listing rules [1][2] - In the first half of the year, 36 Chinese companies have already listed in the U.S., with many utilizing Special Purpose Acquisition Companies (SPACs) to expedite the process [1][2] - There are currently over 40 Chinese companies waiting to list on NASDAQ, including a mobile advertising service provider and a traditional Chinese medicine manufacturer [1] Group 2 - More than 100 Chinese companies are listed in the U.S., with a total market capitalization of approximately $1 trillion as of March this year [2] - The trend shows an increasing number of startups, particularly in the technology sector, seeking to go public via SPACs to accelerate fundraising [2] - The number of companies going public through SPACs nearly doubled last year to 57, and has already reached 76 this year [2]