Financial Performance - In the first half of 2025, the company achieved operating revenue of 2.784 billion yuan, a year-on-year decrease of 5.23% [1] - Net profit attributable to shareholders reached 237 million yuan, reflecting a year-on-year growth of 23.65% [2] - Operating costs decreased by 13.14%, while sales expenses increased by 3.78% [7] - Management expenses decreased by 13.11%, and financial expenses saw a significant reduction of 32.95% [8] Business Segments AI Development - The company initiated its AI research in 2015 and launched an "All in AI" strategy in 2023, establishing a comprehensive AI system [2] - AI applications contributed over 40 million yuan in contracts in the first half of 2025, surpassing the total for the previous year [2] Infrastructure Business - The infrastructure sector has shown steady growth, with significant investments in water conservancy and electricity [3] - The company has developed a complete product system covering the entire process of design, cost, and construction [3] Overseas Business - Revenue from overseas operations reached 116 million yuan, a year-on-year increase of 9.62% [4] - The second quarter saw a revenue of 64.75 million yuan, marking a 21.62% year-on-year growth [4] Digital Cost Business - Revenue in the digital cost sector was 2.286 billion yuan, a decrease of 7.06% [4] - The decline was attributed to reduced income from previously signed cloud contracts and a focus on product value upgrades [4] Digital Construction Business - Revenue in this segment was 312 million yuan, an increase of 8.21%, with a gross margin improvement to 52.01% [5] - The company is shifting towards standardized project-level products to enhance profitability [5] Digital Design Business - Revenue from digital design was 31 million yuan, a decrease of 13.11% [5] - The focus is on improving customer engagement and establishing benchmarks for future growth [5] Market Outlook - The company anticipates continued investment in urban renewal, municipal pipelines, and infrastructure projects [6] - Plans include accelerating AI product commercialization and expanding infrastructure business [6] Cost Management - The company has implemented strict cost control measures, resulting in a decrease in overall expenses [11] - Management expenses were reduced through personnel optimization and resource sharing [11] Future Strategies - The company aims to leverage new policy opportunities from upcoming regulations to enhance market share [12] - Focus on expanding AI capabilities and exploring new business opportunities in overseas markets [12]