PATEO (02889) releases annual performance, with revenue increasing by 37.26% year-on-year to 3.51 billion yuan. The delivery volume of intelligent cockpit domain controllers reached 1.3 million units.

PATEO (02889) released its annual performance report as of December 31, 2025, with the group achieving a revenue of 3.51 billion yuan (same unit below), an increase of 37.26% year-on-year; gross profit of 434 million yuan, an increase of 44.25% year-on-year. During the period, the increase in the company's revenue and gross profit was mainly due to a significant increase in annual deliveries. In 2025, the company's intelligent cockpit domain controller deliveries reached 1.3 million units, an increase of over 40% compared to 2024, reflecting strong market recognition and demand for the company's products. The company continues to deepen its AI layout in intelligent cockpit and provides strong support for further market share expansion. While continuing to deepen its core business in intelligent cockpits, the company actively promotes its AI-centered technology strategic layout. It continuously increases research and development investment in areas such as AI large model edge deployment, edge-cloud collaboration, multimodal interaction, and AI Agent. The company also deepens its technical explorations in cutting-edge fields such as cockpit integration and embodied intelligence, insisting on driving value creation with AI innovation, driving industry transformation with technological progress, and injecting sustained momentum into the intelligent automotive industry and the broader technology ecosystem. As of the end of the fiscal year 2025, the company's revenue from AI software and cloud-based intelligent services (including AI-related technology development services for customers, as well as cloud-based data intelligence, intelligent operation, and intelligent customer service based on AI technology) was approximately 95.1 million yuan, an increase of nearly 210% from the same period last year. The application of AI technology in research and development services and cloud-based services continues to deepen.