Financial Performance - Group revenue reached RMB 1,740 million, a 21% year-over-year increase[6] - Generative AI revenue surged to RMB 1,051 million, contributing 60% to the group's total revenue[6] - Overseas revenue experienced a 40% year-over-year growth[6] - The company reduced its net loss by 21% year-over-year[9] Generative AI Development - The company's Generative AI solutions have been adopted across various industries, including cloud, on-premise data centers, and edge devices[18] - SenseCore AI Infrastructure has significantly increased in computing power[20] - SenseNova 5.5 achieves performance closely comparable with GPT4 across a wide range of evaluations[31, 35] AI Infrastructure and Market Position - The company ranks 2 in market share for LLM platform and applications[6] - The company ranks 3 in market share for intelligent computing services[6] - China AI intelligent computing service market forecast to reach RMB 186,833 million in 2028[29] Smart Auto - Smart Auto revenue doubled year-over-year, with steady increase in mass production deliveries[56] - Delivered vehicles increased from 388,000 in 2023 H1 to 705,000 in 2024 H1[57]