BAIWANG CO (06657) announced its full-year results for 2025, with revenue reaching RMB 729 million, representing a year-on-year increase of 10.53%. The loss attributable to company owners was approximately RMB 9.628 million, narrowing by 98.08% compared to the previous year. On an adjusted basis, net profit (a non-IFRS measure) was RMB 3.01 million, turning from a loss to a profit year-on-year. Loss per share was RMB 0.04.

According to the announcement, the net loss decreased by 98.08% compared to the prior year, and the adjusted net profit shifted from loss to profit. This improvement was driven by a RMB 53.9 million increase (a 100% growth) in gross profit from the artificial intelligence business, a RMB 30.9 million rise (a 21.6% growth) in gross profit from the tax and finance digital solutions segment, and strict cost efficiency optimization. These factors collectively contributed to an overall gross margin improvement of 2.3 percentage points.