Financial Data and Key Indicators Changes - Total revenue amounted to RMB76.9 billion, up 3.4% year on year, while net profit reached RMB2.1 billion, up by 0.2% year on year [5] - Operating profit increased by 8.4% year on year in the first half of the year, with operating profit margin steadily improving [5] - R&D investment reached RMB2.2 billion, with nearly 100 prestigious technology awards received [7][8] Business Line Data and Key Indicators Changes - Revenue from Application, Content and Other Services (ACO) business rose by 11.7% year on year [6] - Telecommunications Infrastructure Services (TIS) business revenue increased by 1.6% year on year, with a significant growth of 18.5% in the domestic non-operator market [6] - Business Process Outsourcing (BPO) services maintained steady growth [6] Market Data and Key Indicators Changes - Revenue from the domestic operator market reached RMB38.2 billion, with ACO business in this market achieving a growth of 9% [18] - Revenue from the domestic non-operator market increased by 12.9% year on year, reaching RMB36.6 billion [18] - Overseas market revenue grew by 8.7% year on year, with sound development quality [21] Company Strategy and Development Direction and Industry Competition - The company is focusing on digital intelligence transformation and expanding strategic emerging businesses to strengthen future growth momentum [4] - Emphasis on technological innovation and integration of AI technology with innovation to drive business development [4] - The company aims to empower traditional businesses while incubating products in cutting-edge fields, particularly in AI [9][10] Management Comments on Operating Environment and Future Outlook - Management highlighted resilience amid external challenges and steady growth in operating performance [4] - The company will continue to focus on customers' transformation needs in digitalization, intelligentization, and green initiatives [10] - Future strategies include targeting intelligent computing, supercomputing, and advanced telecommunications sectors [11] Other Important Information - The company secured new contracts amounting to about RMB106 billion in the first half of the year, with strategic emerging businesses accounting for over RMB42 billion [10] - The proportion of strategic emerging businesses to total new contracts increased to over 40% compared to over 35% last year [10] - The company is actively expanding into finance, Internet, and digital intelligence sectors [11][13] Q&A Session Summary Question: What are the key growth areas for the company moving forward? - The company will focus on intelligent computing, supercomputing, and advanced telecommunications sectors, leveraging AI and digital technologies [11][12] Question: How is the company addressing challenges in the domestic operator market? - The company is deepening strategic collaboration with operators and focusing on upgrading traditional business models to meet transformation needs [18] Question: What measures are being taken to enhance operational efficiency? - The company is implementing cost reduction and efficiency enhancement measures, optimizing organizational structure, and enhancing labor productivity [25]

Financial Data and Key Indicator Changes - Total revenue for the first half of 2025 amounted to RMB 76.9 billion, representing a year-on-year increase of 3.4% [5] - Net profit reached RMB 2.1 billion, up by 0.2% year on year [5] - Operating profit increased by 8.4% year on year, with an improving operating profit margin [5][6] - R&D investment reached RMB 2.2 billion, with nearly 100 prestigious technology awards received [8] Business Line Data and Key Indicator Changes - Revenue from Application, Content and Other Services (ACO) rose by 11.7% year on year [6] - Telecommunications Infrastructure Services (TIS) revenue increased by 1.6% year on year [6] - Business Process Outsourcing (BPO) services maintained steady growth [6] - Revenue from domestic non-operator market increased by 12.9% year on year, while overseas market revenue grew by 8.7% [6][18] Market Data and Key Indicator Changes - Revenue from the domestic operator market reached RMB 38.2 billion, with ACO business growing by 9% [18] - Domestic non-operator market revenue was RMB 36.6 billion, showing a 12.9% year-on-year increase [18] - Overseas market revenue grew by 8.7% year on year, with significant developments in Latin America and the Asia Pacific [21] Company Strategy and Development Direction - The company is focusing on digital intelligence transformation and expanding strategic emerging businesses [4] - Emphasis on technological innovation and integration of AI technology with innovation [4] - Targeting key sectors such as government, data centers, and emergency management for AI applications [9][10] - Aiming to enhance core competencies while balancing high-quality development with security [13][14] Management Comments on Operating Environment and Future Outlook - Management highlighted resilience amid external challenges and steady growth in operating performance [4] - The company is committed to leveraging technological breakthroughs and industrial demand to empower traditional businesses [9] - Future focus will be on intelligent computing, supercomputing, and advanced telecommunications [11][12] Other Important Information - New contracts in the first half of the year amounted to approximately RMB 106 billion, with strategic emerging businesses accounting for over RMB 42 billion [10] - The proportion of strategic emerging businesses to total new contracts increased to over 40% [10] - The company aims to transform traditional services into smart operation support services to enhance recurrent revenue sources [14] Q&A Session Summary Question: What are the company's strategies for future growth? - The company will focus on technological innovation, expanding into new sectors, and enhancing its service capabilities to drive growth [28] Question: How does the company plan to manage costs? - The company is implementing AI digitalization measures to strengthen management across various business processes and control costs effectively [26] Question: What is the outlook for the overseas market? - The company will continue to expand its overseas market presence, particularly in Latin America and the Asia Pacific, while enhancing collaborative partnerships [21]