PATEO (02889) announced its annual results for the period ended December 31, 2025. The group achieved revenue of RMB 3.51 billion, representing an increase of 37.26% year-on-year. Gross profit amounted to RMB 434 million, up 44.25% compared to the previous year.

During the period, the growth in the company's revenue and gross profit was primarily driven by a significant increase in annual delivery volume. In 2025, the company's deliveries of smart cockpit domain controllers reached 1.3 million units, an increase of over 40% compared to 2024. This robust performance fully reflects the high market recognition and strong demand for the company's products. PATEO continues to deepen its AI-powered smart cockpit strategy, providing solid support for further capturing market share.

While continuously strengthening its core smart cockpit business, the company is actively advancing its technology strategy centered on artificial intelligence. It has increased research and development investments in areas such as on-device deployment of large AI models, device-cloud collaboration, multimodal interaction, and AI agents. PATEO is also deepening its technological exploration in cutting-edge fields like cockpit-driving integration and embodied intelligence. The company remains committed to driving value creation through AI innovation and fostering industry transformation via technological advancement, thereby injecting sustained momentum into the smart automotive industry and the broader technology ecosystem.

For the year ended December 31, 2025, the company's revenue from AI software and cloud-based intelligent services reached approximately RMB 95.1 million. This segment, which includes AI-related technical development services for clients, as well as cloud-based data intelligence, intelligent operations and maintenance, and AI-powered customer service, grew by nearly 210% compared to the same period last year. The application of AI technology in R&D services and cloud service operations continues to deepen.