Group 1 - Tuya Smart-W (02391) saw its stock price increase by 16.1%, reaching HKD 23.8, with a trading volume of HKD 11.4284 million [2] - For the first half of 2025, the company reported total revenue of USD 155 million, a year-on-year increase of 14.7%, and a net profit of USD 23.604 million, marking a return to profitability [2] - The company proposed a cash dividend of USD 0.054 per ordinary share or per American Depositary Share [2] Group 2 - For the three months ending June 30, 2025, total revenue was USD 80.1 million, reflecting a year-on-year increase of 9.3%, while net profit surged by 302.4% to USD 12.6 million [2] - As of June 30, 2025, the number of registered developers on the Tuya AI developer platform exceeded 1.514 million, indicating stable growth [2] - To enhance platform capabilities, Tuya provides developers with convenient AI technology and ecosystem support through the TuyaOpen open-source development framework and AI Agent development platform, significantly lowering the barriers to AI development [2]

Core Viewpoint - Tuya Smart (02391) experienced a significant stock increase of over 16%, reaching HKD 23.8 with a trading volume of HKD 11.4284 million following the release of its mid-year results for 2025 [1] Financial Performance - The company reported total revenue of USD 155 million for the period, representing a year-on-year increase of 14.7% [1] - Net profit reached USD 23.604 million, marking a turnaround from a loss in the previous year [1] - A cash dividend of USD 0.054 per ordinary share or American Depositary Share is proposed [1] - For the three months ending June 30, 2025, total revenue was USD 80.1 million, up 9.3% year-on-year [1] - Net profit for the same period was USD 12.6 million, reflecting a substantial increase of 302.4% year-on-year [1] Developer Ecosystem - As of June 30, 2025, the number of developers registered on the Tuya AI Developer Platform exceeded 1.514 million, indicating stable growth [1] - To enhance the platform's empowering effect, Tuya provides convenient AI technology and ecosystem support based on the TuyaOpen open-source development framework and AI Agent development platform [1] - This initiative aims to significantly lower the barriers to AI development, assisting developers in creating various life agents and accelerating the integration of AI technology with the physical world, thereby promoting the implementation of Physical AI [1]

Core Viewpoint - Tuya Smart (02391) experienced a significant stock increase of over 16%, reaching HKD 23.8 with a trading volume of HKD 11.4284 million following the release of its mid-year results for 2025 [1] Financial Performance - The company reported total revenue of USD 155 million for the period, representing a year-on-year increase of 14.7% [1] - Net profit reached USD 23.604 million, marking a turnaround from a loss in the previous year [1] - A cash dividend of USD 0.054 per ordinary share or American Depositary Share is proposed [1] - For the three months ending June 30, 2025, total revenue was USD 80.1 million, up 9.3% year-on-year [1] - Net profit for the same period was USD 12.6 million, reflecting a substantial increase of 302.4% year-on-year [1] Developer Ecosystem - As of June 30, 2025, the number of registered developers on the Tuya AI developer platform exceeded 1.514 million, indicating stable growth [1] - To enhance the platform's empowering effect, Tuya provides convenient AI technology and ecosystem support based on the TuyaOpen open-source development framework and AI Agent development platform [1] - This support significantly lowers the barriers to AI development, assisting developers in creating various life agents and accelerating the integration of AI technology with the physical world, thus promoting the realization of Physical AI [1]