Core Insights - The company reported a revenue of 346 million yuan for the six months ending June 30, 2025, representing a year-on-year increase of 46.07% [1] - The loss attributable to shareholders was 152 million yuan, an increase of 40.16% year-on-year, with a loss per share of 0.38 yuan [1] Group 1: Product Development - The company has been iterating its intelligent driving solutions, enhancing its product matrix [1] - In February 2025, the company launched the iPilot 4 Plus intelligent driving solution, which integrates multiple sensors and is designed for various driving scenarios [1] - A higher-performance version, the iPilot 4 Pro, was introduced in June 2025, featuring advanced chip technology for improved decision-making in complex environments [1] Group 2: Business Expansion - The company is building a progressive intelligent driving business from L0 to L4 levels, achieving significant progress in L4 autonomous driving with the iRobo project [2] - The L4 level unmanned minibus service was commercialized in Suzhou in February, marking a milestone for market validation of the technology [2] - The unmanned minibus business has expanded to multiple cities, securing over ten projects during the reporting period [2] Group 3: Market Opportunities - The company is capitalizing on new market opportunities in unmanned logistics, driven by supportive government policies and industry investments [2] - Recent regulations, such as the "Guangzhou Intelligent Connected Vehicle Innovation Development Regulations" and the "Beijing Autonomous Driving Vehicle Regulations," provide clear compliance guidelines for the autonomous driving industry [2] - The company is focusing on technology research and product development for unmanned logistics, actively exploring commercialization opportunities [2]