云想科技2025年中期报告

中期報告2025 2 4 5 21 40 41 43 44 46 83 8353502-3503 97927 1617 4th Floor, Harbour Place103 South Church Street, George TownP.O. Box 10240Grand Cayman KY1-1002Cayman Islands 2362-2366 889367 418 131 2131 Ascentium (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman, KY1-1002Cayman Islands www.netjoy.com 5.3%24.55%AI AIGCAI AgentAIAI 42.415.78%5.04%14.8039.29%78.863.005.33%25.58207.24%20.98148.86%5.03 32939,68712.68%1,075 +APP 2025 AD TALK2024202420252023-2024IR 93%5.85%13.851.04%0.42.692.92%13,8134,828 1,07512.68%65571.92%41.46%27.28%18.85% AIGCAI AgentAIAgent3,000500AIAIGCAIGCAIAIAIGCAI DP AIGC+ 66.25%69.2331.02170.91%17.3144.81% IP35.067.7121.99% 60100%32APP AIGCAIGCAI15AIAI AI AIGCAI AgentAI +AIGC APP (i)(ii)(iii)1,558.955.04%1,480.36 SaaSAIGC (2) oCPMoCPC CPC93.0% 79.5%87.6% (1)100%(2)(100%(3)(4)100%(5) (1) 1,332.61,311.293.3%93.5%17.615.01.2%1.1%78.975.35.5%5.4% (1)SaaSAIGC(2) (1)SaaSAIGC 78.86129.8939.29% 8.33%5.33% 1.489.065.68 (i)(ii)(iii) 45.0246.64 (i)(ii)(iii)(iv)(v)(vi) 42.6410.9%47.29 (i)(ii)(iii)3.31136.71%7.84 0.600.40 2.70 10.438.472.05 5.320.1625.42 25.5823.85207.24% (1) AIDMP595.18502.95 521.04603.152.30%3.00%1.20%4.00% 3.15 90.00150.00150.00 340 55.44 34,631,544795,658,0004.35% C1 (i)B.2.2 (ii)D.1 (iii)D.2 (iv)F.1 C3 34,631,544 (1) (2) (i)(ii)(iii)(iv)(v)13.24(vi)6.01A (1)6.016.10 (3) 13.51(2)(a)(e)(g) XVXV78352 (i) (i) 1.L2.795,658,0003.218,5244.7,800,0005.The Longhills TrustDerunInvestmentsDerun InvestmentsThe Longhills TrustDerun Investments6.7.333,1358.7,800,0009.The FS TrustQuantumComputingQuantum ComputingThe FS TrustQuantum Computing10.The RGRGU TrustGlobalAwesomenessGlobal AwesomenessThe RGRGU TrustGlobal Awesomeness11.40.84%12.9,762,588 (i) 13.14.11,028,07515.3,350,00016.17. (ii) XVXV78352 18 XV23336 1.L2.795,658,0003.CityLinkers Trust Hong Kong LimitedCityLinkers Trust Hong Kong LimitedPraxisIFM Fiduciaries(Hong Kong) LimitedCityLinkers Trust Hong Kong Limited26.164.218,5245.7,800,0006.Derun InternationalDerun InternationalThe Longhills TrustThe LonghillsTrustDerun InvestmentsDerun InvestmentsThe Longhills TrustDerun InvestmentsDerunInvestmentsThe Longhills TrustDerun International7.333,1358.7,800,0009.FSS InvestmentFSS InvestmentThe FS TrustThe FS TrustQuantum ComputingQuantum ComputingThe FS TrustQuantum ComputingQuantum ComputingTheFSTrustFSS Investment 10.Baxter InvestmentBaxter InvestmentThe RGRGU TrustThe RGRGU TrustGlobal AwesomenessGlobal AwesomenessThe RGRGU TrustGlobal AwesomenessGlobalAwesomenessThe RGRGU TrustBaxter Investment11.9,762,58812.13.40.84%14.90%41.96%15.Schroder Investment Management Limited56,000Schroder Investment Management (Hong Kong)Limited62,660,000Schroder Investment Management (Singapore) Ltd7,611,000Schroder Investment Management(Hong Kong) Limited, Schroder Investment Management (Singapore) LtdSchroder Investment Management LimitedSchroderInternational Holdings LimitedSchroder International Holdings LimitedSchroder Administration LimitedSchroder Administration LimitedSchroders PlcSchroders Plc XV23336 5.5 8,808,000(68)5,281,6005,281,6002.4620.664% (13)2,395,5882,395,5882.4620.301% (10) (22)63,514,8120.8167.9827% (10) (1)(2)(3)(4)(5)(6)1%(7)2.3102.310(8)1.3101.310(9)0.8100.810(10)202220222022(11)202320232023(12)(13)202420242024(14) (a)(b)(c)(i)(ii) 7.90%60,134,748795,658,0007.56% 60,134,7487.56% (i)(ii)(iii)(10)80,000,00010% 6.5 34,631,544795,658,0004.35% 1,868,1860.235% (10)1,868,186 (i) (ii) (iii) 40,000,0005.03% (10)40,000,000 (i)(ii)(iii) (1)(2)(3)(4)(5)1.3101.310(6)0.5400.540 44,793,1485.63% (a)(b)(c)(i)(ii) 8.5 79,565,800795,658,00010% 8.5 79,565,800795,658,00010% • 1. 4thFloor, Harbour Place, 103 South Church Street, George Town, P.O. Box 10240, Grand Cayman KY1-1002, CaymanIslands 1. 1. 1. 1. (Tradeplus) ••• 2.1 34 2.1 (a)(b)(c) 2.2 21 3. 8 97%98% 99,702,17197,543,078 4. (i) 4. (ii) (oCPC)(oCPM)180 75 93,976,00099,528,000 4. 5. 6. 7. 16.5%16.5% 7. 25%15% 40% 50% 7. 8. 9. 761,153,439764,725,100 10. 10. 20% 30180410,435,000399,201,000 11. 278,866,000291,107,000303,028,000315,148,000 11. 150,000,000150,000,000 11. 28,0006,769,000 1,752,000 13. 14. 14. 2,433,00016,012,000 2,040,0004,117,000 15. (a) 17. 18. 492,077,000211,000,000 10%5% 19. 795,658,000795,658,0000.00005 20. 10%50%25% 21. (a) 10%1% 21. (a) 0.1%500 1 (i)(ii)(iii) 8,808,000 (68)5,281,6000.66% (13)2,395,5880.301% (22)63,514,8127.983% 21. (b) 1,868,186 40,000,000 (c) (d) 22. (a) (b) 22. (b) 23. 23. 24. 24. 24. 24. 25. 26.