Core Insights - The company reported a revenue of 1.76 billion yuan for the current period, representing a year-on-year increase of 5.62% compared to 1.67 billion yuan in the same period last year [1] - The net profit attributable to shareholders was -310.54 million yuan, showing an improvement of 12.68% from -355.65 million yuan in the previous year [1] - The net profit after deducting non-recurring gains and losses was -317.21 million yuan, also reflecting a 12.89% increase from -364.15 million yuan year-on-year [1] Financial Performance - The net cash flow from operating activities was -90.46 million yuan, a significant decline of 146.59% compared to a positive cash flow of 194.14 million yuan in the same period last year [1] - Basic earnings per share were -0.1330 yuan, improving by 13.69% from -0.1541 yuan [1] - Diluted earnings per share were -0.1330 yuan, showing a 12.38% improvement from -0.1518 yuan [1] - The weighted average return on equity remained at -3.61%, unchanged from the previous year [1] Asset and Equity Position - Total assets at the end of the reporting period were 10.96 billion yuan, a slight decrease of 0.66% from 11.03 billion yuan at the end of the previous year [1] - The net assets attributable to shareholders were 8.48 billion yuan, down by 3.15% from 8.76 billion yuan at the end of the previous year [1] Business Developments - The company made significant progress in its intelligent driving business, focusing on technological breakthroughs, customer delivery, and strategic layout [2] - The domestic market foundation is solid, with orderly delivery of intelligent driving solutions to clients such as Great Wall and BAIC [2] - The company launched a new AI infrastructure service architecture for intelligent driving, which enhances data processing and compliance for automotive enterprises [2] - In the intelligent cockpit business, the company achieved breakthroughs in technology and market expansion, introducing a new product matrix at the Shanghai Auto Show [2] - The company has shipped over 300 million automotive electronic chips, including 90 million SoCs and 80 million MCUs, catering to both traditional and new energy vehicles [2]