Kunlun Wanwei announced that its operating income in 2024 will be 5.662 billion yuan, a year-on-year increase of 15.20%. The net loss in 2024 was 1.595 billion yuan, and the net profit in the same period last year was 1.258 billion yuan. Basic earnings per share is -1.3 yuan/share. The company plans not to pay cash dividends, bonus shares, or increase capital by providing public accumulation funds. Specifically, in order to consolidate the company's leading position in the field of AI, R&D investment was further increased during the reporting period, and the various short-term costs and related expenses incurred affected the profit performance of this period to a certain extent; on the other hand, investment income performance was also lower than the same period last year, and investment-related losses caused by fluctuations in financial asset prices were 820 million yuan. The above two factors combined resulted in a loss in performance during the reporting period.