Core Viewpoint - ZTE Corporation reported a net profit attributable to shareholders of 5.058 billion yuan for the first half of 2025, a year-on-year decrease of 11.77% [1] - The company is actively expanding its intelligent computing data center projects, which are expected to provide potential growth opportunities in the AI computing cycle [1] Financial Performance - In Q2 2025, ZTE achieved a net profit of 2.604 billion yuan, a year-on-year decrease of 12.94% but a quarter-on-quarter increase of 6.16% [1] - The gross profit margin for Q2 was 30.90%, reflecting a year-on-year decline of 8.08 percentage points and a quarter-on-quarter decline of 3.37 percentage points [1] Business Segments - The revenue from the operator network business experienced a slight decline, while the government and enterprise business showed strong performance [1] - The company is focusing on consolidating its domestic operator network base while actively expanding into intelligent computing data center projects [1] Future Outlook - The company is expected to leverage its traditional communication equipment business as a foundation to develop comprehensive intelligent computing solutions [1] - The intelligent computing business is anticipated to open up potential growth space for the company's performance during the upward cycle of AI computing demand [1]