In 2025, 51WORLD(06651) strategically lowers gross profit to win the battle for entry and exchange for high growth opportunities in 2026.

On March 26th, 51WORLD (06651), known as the "first stock of Physics AI", held its 2025 annual performance release and Physics AI new product launch conference in Shanghai. At the meeting, founder, chairman & CEO Li Yi gave a comprehensive interpretation of the company's vision, industry potential, business performance, and the billion-dollar ESOP plan, and also released the blockbuster Physics AI new product "Physical Intuition" world model. The company achieved a revenue of 348 million yuan in 2025, a 21% year-on-year increase. The company's gross profit margin decreased from 51.1% to 30%, due to increased R&D expenses and the company strategically reducing gross profit to win the access battle and gain high-speed growth space in 2026. Based on the comprehensive leading position in industry access, product system, and customer ecology in 2025, its 51Sim intelligent driving business is expected to enter a period of high-speed growth in performance realization, and the company is expected to gain a significant market share in the "Physics AI" simulation and data platform. According to a previous report by Sullivan, the market for intelligent driving and Embodied Intelligence in simulation and data demand is expected to reach 180 billion yuan by 2030. On the same day, the company released its first "Physical Intuition" world model (51World Model), further strengthening the company's product portfolio and leading position in "Physics AI", with key confidence indicators such as scenes, sensors, dynamics, and synthetic data reaching a global leading level. Through the opening of core capabilities such as reconstruction, training deployment, and predictive planning in the 51World model, new solutions are provided for the "last mile" industry challenges in implementing Embodied Intelligence.