MININGLAMP-W (02718) announced its annual results for the year ended December 31, 2025. The group recorded revenue of RMB 1.426 billion, representing a 3.21% increase year-on-year. However, the company incurred a loss attributable to owners of the parent of RMB 6.415 billion, a swing to a loss compared to a profit in the previous year. The loss per share was RMB 137.41.

For the year ended December 31, 2025, revenue from the Data Intelligence business grew by 0.5% year-on-year to RMB 1.26 billion. This growth was attributed to an increase in the Operational Intelligence business. The expansion in Operational Intelligence was driven by higher revenue from the Conversational Intelligence product and the Smart Store Operation System. The rise in Conversational Intelligence product revenue was due to product upgrades that effectively met customer demand for instant data access, coupled with the steady expansion of the company's sales channels. Growth in the Smart Store Operation System revenue was fueled by enhanced AI capabilities and an expanded coverage of store scenarios.

Conversely, revenue from the Marketing Intelligence business declined. This was primarily due to a transformation in part of the service model for the social media management business. To better align with customer needs, the group has shifted some services from traditional consulting report outputs to end-to-end, full-chain, agent-based marketing services that deliver results.