Core Insights - The company reported a revenue of 57.35 million yuan for the first half of 2025, reflecting a year-on-year growth of 10.82%, while the net profit attributable to shareholders was a loss of 45.70 million yuan, indicating a narrowing of losses and demonstrating strong operational resilience [1][2]. Financial Performance - In the first half of 2025, the company achieved a revenue of 57.35 million yuan, with a year-on-year increase of 10.82% [1]. - The net profit attributable to shareholders was -45.70 million yuan, showing a significant reduction in loss compared to the previous year [1][2]. - Research and development investment reached 50.62 million yuan, accounting for 88.27% of revenue, highlighting the company's commitment to innovation [2]. Product and Technology Development - The company is focusing on optimizing its product structure and enhancing customer collaboration, which has led to an increase in the proportion of engineering simulation software and an improvement in gross margin [2]. - The company launched the "KAIWU" platform related to physical AI products, generating revenue of 3.75 million yuan by June 30, 2025, and is expanding applications in downstream scenarios [3]. - The company has established strategic partnerships with organizations such as iFlytek and the China Academy of Information and Communications Technology to promote the application of physical AI technology [3]. Strategic Initiatives - The company is actively responding to the national "new quality productivity" development strategy by pioneering the layout of physical AI technology and offering comprehensive solutions across various emerging fields [3]. - The chairman of the company indicated that the CAE domestic substitution is a direction for various industries, and physical AI technology may lead to a disruptive upgrade in the future [4].