In the first quarter, the core business revenue of imaging and design products of MEITU (01357) reached 852 million yuan, a year-on-year increase of 34.3%.

MEITU (01357) announced that as of March 2026, the number of paid subscribers has exceeded 17.9 million, a year-on-year increase of 30.2%. Among them, the number of paid subscribers from productivity applications increased by 52.9% to 2.34 million, and the number of paid subscribers from lifestyle applications increased by 27.4% to 15.56 million. In Q1 2026, the revenue (unaudited) of the core business of the group's imaging and design products maintained strong growth, increasing by 34.3% year-on-year to RMB 852 million, while other businesses remained stable. In terms of imaging and design products: In Q1 2026, revenue from productivity applications increased by 45.4%, accounting for approximately 18% of the revenue of imaging and design products. As the group had exited the copyright image library business by the end of 2025, the above year-on-year growth rate is calculated on a comparable basis, excluding the revenue contribution of this traditional business in the first quarter of 2025 (approximately RMB 13 million), which more accurately reflects the growth trend of productivity applications. In Q1 2026, revenue from lifestyle applications increased by 35.5%, accounting for 82% of the revenue of imaging and design products, reflecting the continuous improvement of the group's monetization ability and the steady progress of its globalization strategy. As of March 2026, the ARR of AI productivity applications is approximately RMB 580 million, a year-on-year increase of 56.2%. In March 2026, the total consumption of AI computing power by users increased by 59% compared to December 2025. By product, OpenShoot increased by 360%, RoboNeo increased by 316%, Meitu Design Studio increased by 107%, and Vmake increased by 78%. After embedding AI Agent capabilities, the total consumption of AI computing power has significantly increased, reflecting users' deepening use of AI functions, driving overall demand and usage growth, and supporting the increase in subscription revenue and revenue confirmed by usage.