Kunlun Wanwei: Net loss of 1.59B yuan in 2025

Mars Finance News: On April 23, Kunlun Wanwei disclosed its annual report, achieving operating revenue of 8.2B yuan in 2025, a year-on-year increase of 44.78%; net profit attributable to the parent company was a loss of 1.59B yuan, compared to a loss of 1.6B yuan in the same period last year. The performance during this reporting period showed a loss, mainly due to the combined effects of two factors. First, to consolidate its leading position in the artificial intelligence field, the company continued to increase R&D investment, with annual R&D expenses reaching 1.68B yuan, an 8.6% increase compared to the same period last year. Second, to empower short dramas and AI short drama platform businesses, as well as AI music, AI SuperAgent, AI social, and other product user acquisition and growth, the company increased market promotion and traffic investment, with annual sales expenses of 4.18B yuan, a year-on-year increase of 81.53%. At the same time, the rapid growth of AI business user scale and revenue streams has opened up broad space for long-term commercialization. (Company Announcement)