2025-08-29 03:02Financial Data and Key Metrics Changes - The company has successfully managed its cost structure, reduced debt, and increased gross margin, indicating effective business management [1][2] - A dividend of HKD600 million is planned to be returned to shareholders, with a slight increase in the dividend per share to $0.50 compared to RMB0.40 in 2024 [11][12] Business Line Data and Key Metrics Changes - The flagship product, AP10, is expected to drive growth in both the education and enterprise sectors, showcasing a shift in business strategy [1][4] - The company is transitioning towards a SaaS business model, with significant progress reported in integrating AI technologies into its offerings [2][3] Market Data and Key Metrics Changes - The company is optimistic about the recovery of the gaming market in Europe, particularly with the approval of Germany's Digital Pad 2.0 project, which the company is involved in [14][15] - There are ongoing efforts to leverage AI in education, particularly in developing countries, which aligns with global trends in educational technology [7][8] Company Strategy and Development Direction - The company is fully embracing AI and has signed an agreement to acquire AI voice assistant technology, which will enhance its educational products [3][4] - A focus on creating an AI content factory is part of the strategy to scale content production and improve educational offerings [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in overcoming market challenges in the education sector through cost optimization and new technology integration [12][16] - The outlook for the second half of the year remains positive, with expectations for growth in both the gaming and education sectors [13][16] Other Important Information - The company is actively participating in international conferences to share its experiences and strategies in AI and education, indicating a commitment to global engagement [8][10] Q&A Session Summary Question: Can NetDragon provide insights on revenue traction from AI education and SaaS? - Management highlighted the integration of verified technology into their panel as the start of AI SaaS revenue, with ongoing efforts in Thailand gaining traction [19][20][21] Question: What are the short-term factors affecting the gaming business and its growth prospects? - Management acknowledged a slowdown in gaming but emphasized plans to explore new business models leveraging blockchain and AI, indicating a strategic pivot [23][24]