MEIYA PICO INC.(SZ:300188)2025-08-26 11:22Financial Performance - New signed orders increased by 42% year-on-year [2] - Revenue reached CNY 558 million, a 1.63% increase year-on-year [2] - Net profit attributable to shareholders was CNY -209 million, a 63.72% decrease year-on-year [2] - Total assets at the end of the reporting period amounted to CNY 5.18 billion [2] Cash Flow and Financial Health - Net cash flow from operating activities was CNY -309 million, a decrease in net outflow by CNY 115 million year-on-year [3] - Cash reserves increased by 3.34% year-on-year, totaling CNY 943 million [3] Revenue Breakdown by Region - East and South China accounted for CNY 302 million, 54.21% of total revenue, up 25.16% year-on-year [3] - Southwest and Northwest regions generated CNY 121 million, 21.76% of total revenue, up 18.77% year-on-year [3] - Northeast and North China regions contributed CNY 109 million, 19.47% of total revenue, down 41.67% year-on-year [3] - Central China and other regions generated CNY 25 million, 4.56% of total revenue, up 34.78% year-on-year [3] Strategic Initiatives - The company implemented an "ALL IN AI" strategy, generating approximately CNY 167 million from AI-related products, accounting for 30% of total revenue [3][6] - Established specialized teams for asset management to reduce bad debts and alleviate performance pressure [4] - Set clear performance targets to ensure growth in new signed orders [5] Research and Development - R&D investment as a percentage of revenue was 23.75%, above industry average [7] - R&D expenditure decreased by 8% year-on-year, focusing on high-potential projects [6] Industry Integration and Collaboration - Focused on integrating AI, security, and new financial technologies to meet national strategic needs [9] - Collaborated with State Power Investment Corporation on business system integration and safety management [10]