Company Performance - In the first half of 2025, the company reported total revenue of 244.8 million yuan, a year-on-year decrease of 38.36% compared to 397.2 million yuan in the same period last year [2][3] - The net loss attributable to shareholders was 73.6 million yuan, a significant decline from a profit of 59.8 million yuan in the previous year, representing a 223.11% change [2][3] - The net loss after excluding non-recurring gains and losses was 89.4 million yuan, compared to a profit of 36.6 million yuan last year, marking a 344.58% decline [2][3] - The company's total assets at the end of the reporting period were 4.38 billion yuan, down 2.18% from 4.48 billion yuan at the end of the previous year [2][3] - The net assets attributable to shareholders decreased to 4.05 billion yuan, a decline of 1.73% from 4.13 billion yuan [2][3] Industry Overview - The software and information technology services industry in China showed a positive operational trend in 2024, with software business revenue reaching 1.37276 trillion yuan, a year-on-year growth of 10.0% [2] - The total profit in the industry was 169.53 billion yuan, reflecting an 8.7% increase compared to the previous year [2] - Emerging fields such as artificial intelligence, cloud computing, and big data significantly contributed to this growth, with AI applications penetrating 42% of industry applications [2] - The global focus on AI legislation and data security governance is driving the industry towards compliance and efficiency [2] R&D and Technological Advancements - The company has increased its investment in the research and development of industry-specific large models and intelligent agents, upgrading its next-generation AI application platform [4] - The "Tuotian Industry AI Application Intelligent Base" is centered around the Tuotian industry large model, facilitating enterprise-level AI operations through multi-agent collaboration [4][5] - The company boasts a research team of over 900 personnel, with eight R&D institutions established in Beijing, Chengdu, and Guangzhou, and has built three key laboratories in Beijing [5] - The company is involved in over 20 national-level research projects and collaborates with universities and organizations like Xinhua News Agency to create a deep cooperation ecosystem in industry, academia, and research [5]