Kunlun Wanwei: Revenue of 8.198 billion yuan in 2025, net loss of 1.593 billion yuan.

Kunlun Wanwei announced that it achieved operating income of 8.198 billion yuan in 2025, a year-on-year increase of 44.78%; the net profit attributable to owners of the parent company was a net loss of 1.593 billion yuan, a year-on-year increase of 0.13%; the net profit after deducting non-recurring gains and losses was a net loss of 1.725 billion yuan, a year-on-year decrease of 4.99%. The increase in revenue was mainly due to the rapid development of short dramas, AI short video platforms, Opera advertising, and AI business. Operating costs, sales expenses, management expenses, etc. also increased due to business development, while investment income decreased by 1173.94% year-on-year.