Cambrian AI Turns Profitable in 2025, Plans to Distribute 1.5 Yuan Per 10 Shares and Issue 4.9 Bonus Shares; Accumulated Authorized Patents Reach 1,734 Items

On March 12, Cambrian-U (688256.SH) released its 2025 annual report. The company achieved a total revenue of 6.497 billion yuan in 2025, a year-over-year increase of 453.21%. Operating costs were 2.914 billion yuan, up 473.14% year-over-year, and expenses and other costs totaled 1.654 billion yuan, an increase of 14.04%. After deducting operating costs and various expenses from total operating income, net profit attributable to shareholders was 2.059 billion yuan, turning a profit from loss.

The company plans to distribute a cash dividend of 15 yuan (tax included) for every 10 shares to all shareholders, totaling approximately 632 million yuan (tax included), accounting for 30.71% of the net profit attributable to shareholders in 2025. Additionally, the company plans to transfer 4.9 new shares for every 10 shares held.

During the reporting period, the company continued to increase R&D investment, focusing on artificial intelligence chip product development, continuously strengthening product core competitiveness, and consolidating chip technology foundations. The company’s R&D expenditure was 1.169 billion yuan, accounting for 17.99% of operating revenue. Currently, the company has a research and development team of 887 members, accounting for 80.13% of total employees, with over 80.95% of technical R&D personnel holding master’s degrees or higher.

As of December 31, 2025, the company had applied for a total of 2,846 patents. These are categorized by region as: 1,831 domestic patent applications, 705 overseas patent applications, and 310 PCT patent applications. By patent type, there are 2,767 invention patent applications, 42 utility model patent applications, and 37 design patent applications. The company has been granted 1,734 patents in total, categorized by region as: 1,203 domestic patents and 531 overseas patents; by type, 1,661 invention patents, 37 utility model patents, and 36 design patents. Additionally, the company owns 65 software copyrights and 6 integrated circuit layout design rights.