KUAISHOU CFO Jin Bing: It is expected that the annual revenue of Ling AI in 2025 will double compared to the initial target

At the Kuaishou Technology earnings call for the second quarter of 2025 held this evening, Kuaishou CFO Jin Bing stated that the revenue for Kuaishou in 2025 is expected to double compared to the initial target set at the beginning of this year, which strengthens the company's determination to make long-term investments in Kuaishou AI. Based on business development needs, the company also increased its investment in Kuaishou AI's inference computing power in the middle of the year, and the expected investment in Kuaishou AI-related Capex for 2025 has also doubled compared to the budget set at the beginning of the year. In addition, Jin Bing stated: "The overall impact of the group's AI investment on the annual profit margin is still expected to be around 1% to 2%, which means that despite increasing our investment in AI, we remain confident in achieving our goal of maintaining a stable year-on-year adjusted net profit margin for the entire year."