On the morning of August 27, AINNOVATION Technology Group Limited and its subsidiaries released their first half of 2025 performance results. During the first half, AINNOVATION achieved revenue of 699 million yuan, representing a year-on-year increase of 22.3%. Gross profit reached 245 million yuan, up 26.7% year-on-year. The adjusted net loss significantly narrowed to 6.68 million yuan, a substantial 82.1% reduction in losses compared to the same period last year, marking the first time the adjusted net loss has dropped to the single-digit million level.
In communications, AINNOVATION CEO Xu Hui stated, "In the first half, we achieved comprehensive progress in revenue growth, gross margin improvement, significant loss reduction moving toward profitability, substantial improvement in operating cash flow, and financial robustness. Our overall operations are at the optimal level since the company's founding, and we are confident about the company's sustained operations and healthy development."
During the first half, AINNOVATION served 337 paying enterprise customers, with 281 manufacturing clients accounting for 83.4%, reaching the company's "best annual level" in its history. In terms of gross profit, the company's gross profit increased 26.7% year-on-year, with gross margin rising to a six-year historical high of 35%. Additionally, the company's operating cash flow was only 8 million yuan, equivalent to consuming merely 1 million yuan in cash per 100 million yuan of revenue.
"While achieving substantial revenue growth, we significantly improved our operating cash flow, which reflects the company's excellent management level and operational efficiency. This ratio should be the best in the industry, bar none," Xu Hui stated. He pointed out that the company currently has very robust cash position with approximately 1 billion yuan on its books, the group headquarters has zero debt, and operational risk leverage is very low. The company does not need bank loans or any additional equity financing, ensuring complete financial security for the next 3-5 years.
During the reporting period, AINNOVATION's R&D investment increased 11.2% year-on-year, with cumulative patent applications reaching approximately 1,400, of which over 80% are invention patents. During this period, the company focused on its "one model, one body, two wings" strategy, prioritizing the application and implementation of large model products across five major business scenarios: "industrial software, digital intelligence software, industrial logistics, intelligent equipment, and industrial sustainability," based on industry scenario demands and industrial development trends.
According to IDC reports, AINNOVATION has maintained a top-three position in China's computer vision application market for three consecutive years, ranking behind only SenseTime and Hikvision. Over the past three years, the company has surpassed Yitu Technology, CloudWalk Technology, and Megvii Technology among the "Four Little Dragons." In machine learning market share, the company has further advanced to third place.